Tag: Nepal: Rebar offers increase by NPR 2

Nepal: Rebar offers rise by NPR 2,000/t ($15/t) on power cuts, rising input costs

Apr 6, 2024

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by

Snehal Govardhan

in Rebar

Rebar offers in Nepal for both cash guarantee and bank guarantee increased by NPR 2,000/t ($15/t) w-o-w to NPR 80,000-81,000/t ($600-607/t) exw and NPR 82,000-84,000/t ($615-630/t) exw, respectively, as against NPR 78,000/t ($585/t) and NPR 80,000-81,000/t ($600-607/t) exw, a week ago, amid slow demand. Concerns among market participants are rising as load-shedding and rising steel…