Tag: Nepal: Rebar offers fell w-o-w ahead of fiscal year end

  • Nepal: Rebar offers fall w-o-w ahead of fiscal year-end

    Nepal: Rebar offers fall w-o-w ahead of fiscal year-end

    Nepalese rebar offers for cash guarantee have moved down by around NPR 3,000/t ($22/t) to NPR 82,000-83,000/t ($614-622/t) compared to NPR 86,000/t ($644/t) a week ago. Moreover, for bank guarantee, rebar offers fell by NPR 5,000/t ($37/t) to NPR 84,000-86,000/t ($629-644/t) against NPR 89,000 ($667/t) last week. A deal of around 3,000 tonnes (t) was…