Tag: Nepal: Rebar offers remains rangebound w-o-w amid slow domestic demand

Offers for wire rod coils from India drop w-o-w India’s sponge iron export offers dip $7/t w-o-w Nepal’s rebar offers remained range-bound w-o-w, hovering at around NPR 86,000-87,000/t ($628-635/t) for cash guarantees and NPR 88,000-89,000/t ($642-649/t) for bank guarantees on payment. The trend could be attributed to sluggish domestic demand. Imported sponge iron, steel offers…