Tag: Nepal: Rebar offers fell by upto NPR 1000 ($7/t) w-o-w amid slow market

Nepal: Rebar offers fall by up to NPR 1,000 ($7/t) w-o-w amid muted demand

Mar 30, 2024

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by

Snehal Govardhan

in Rebar

Rebar offers in Nepal for both cash guarantee and bank guarantee fell by NPR 500-1,000/t ($4-7/t) w-o-w to NPR 78,000/t ($584/t) exw and NPR 80,000-81,000/t ($599-607/t) exw compared to NPR 79,000-80,000/t ($592-599/t) and NPR 82,000/t ($614/t) exw, respectively, amid slow market demand. Imported sponge iron, steel offers range-bound BF-route wire rod coil (WRC) offers remained…