Tag: Nepal: Steel mills increases rebar offers by NPR 1000/t ($8/t) w-o-w

Nepal steel mills have increased rebar offer by NPR 1000/t ($8/t) w-o-w for cash guarantee and bank guarantee reaching NPR 78,000-79,000/t ($588-595/t) and NPR 81,000-82,000/t ($611-618/t) exw, this increase is attributed to ongoing power cuts in the region, with load shedding reported for up to 9 hours. BF-route and EAF/IF-route WRC offers remain flat w-o-w…