Tag: Nepal: Rebar market remains steady post Nepal Budget declaration

Nepal’s rebar offers for cash and bank guarantee stood at NPR 89,000-90,000/t and NPR 91,000-92,000/t for the week. However, no deals have been heard concluded post Nepal’s Union Budget 2024 declaration, as market participants remains cautious. WRC offers to Nepal through the BF remained absent in the absence of allocations, EAF/IF-routes offers are hovering around…