Tag: Nepal: Rebar offers fall amid decline in raw material prices

Nepalese rebar offers (cash guarantee) fell by NPR 1,000/t ($7/t) w-o-w to NPR 91,000-92,000/t ($682-690/t) exw, against NPR 91,000-93,000/t ($682-697/t) a week ago. Meanwhile, offers of bank guarantee remained range-bound at NPR 94,000-95,000/t ($705-712/t) exw. Deals have been heard concluded at lower offers, sources informed BigMint. Moreover, declining raw material prices also put pressure on…