Tag: Nepal: Rebar offers rise by NPR 3

Nepal: Rebar offers rise by NPR 3,000/t ($22/t) w-o-w on rising raw material costs

Apr 20, 2024

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by

Snehal Govardhan

in Rebar

Nepal’s rebar offers for both cash and bank guarantee (credit) increased by NPR 3,000/t ($22/t) w-o-w to NPR 84,000-85,000/t ($629-637/t) and NPR 87,000-88,000/t ($652-659/t) exw, respectively, as compared to NPR 81,000-82,000 /t ($607-614/t) and NPR 84,000-85,000/t ($629-637/t) exw, a week ago. Despite low demand, rising costs of raw materials and increased load shedding have pushed…