Tag: Nepal: Rebar offers fall by $15 w-o-w

Nepal’s rebar offers fell by NPR 2,000/t ($15/t) w-o-w for cash and bank guarantee. Offers were hovering around NPR 74,000-75,000/t and NPR 76,000-78,000/t exw. Also, a deal of around 5,000-7,000 t has been heard concluded at similar price levels. WRC offers from IF/EAF route dropped by $5/t w-o-w to $495-500/t exw Durgapur, whereas, BF-route offers…