Tag: Nepal: Rebar offers inch down on falling raw material prices

Nepalese rebar offers inched down to NPR 76,000-78,000/t ($572-587/t) for cash payments and bank guarantee offers fell by NPR 1,000/t ($8/t) w-o-w to NPR 79,000-80,000/t ($594-602/t) exw, respectively. Rebar offers in Nepal dropped due to lower sponge and billet prices from India. BF route wire rod coil (WRC) offers held steady w-o-w at $560/t, while…