Tag: Nepal: Rebar offers up by NPR 1

Nepalese rebar offer for buyers offering cash and bank guarantees (credit) rose by NPR 1,000/t ($7/t) w-o-w to NPR 81,000-82,000 /t ($605-613/t) and NPR 84,000-85,000/t ($628-635/t) exw, respectively, against NPR 80,000-81,000/t ($598-605/t) and NPR 82,000-84,000/t ($613-628/t) seen in the previous week. The increase in power outages, despite slow domestic demand, has lead to the hike…