Tag: Nepal: Rebar offers remain rangebound amid low domestic demand

  • Nepal: Rebar offers remain rangebound amid low domestic demand

    Nepal: Rebar offers remain rangebound amid low domestic demand

    Nepal’s rebar offers remained range-bound for the week amid low domestic demand. The offers for both cash and bank guarantee are hovering around 76,000-77,000 ($566-574/t) and 78,000-80,000/t ($581-596/t), respectively. Wire rod coil (WRC) offers for both BF-route and IF/EAF route remained stable w-o-w. Bf route offers stood at $560-565/t exw and and IF/EAF route offers…