Tag: Nepal: Rebar offers shows downtrend due to subdued demand

Nepalese rebar offers for cash guarantee moved down by NPR 3,000/t w-o-w to NPR 79,000-81,000/t against NPR 82,000-83,000/t a week ago. For bank guarantee, prices fell by NPR 4,000/t to NPR 80,000-82,000/t compared to NPR 84,000-86,000/t last week. This decline is attributed to low demand and approaching fiscal year-end. EAF/IF-route wire rods prices fell by…