Tag: Nepal: Rebar offers up by $15 on costlier import

Nepal’s rebar offers increased by NPR 2,000/t ($15/t) w-o-w for both cash and bank guarantees. Offers for cash guarantee stood at NPR 75,000-77,000/t ($560-575/t) from NPR 73,000/t ($545/t) last week, while bank guarantee offers climbed to NPR 78,000-79,000/t ($582-590/t) from NPR 76,000/t ($567/t). This uptrend is attributed to improvement in demand. However, some small deals…