Tag: Nepalese rebar offers remain steady amid sluggish domestic demand

Nepalese rebar prices remained stable w-o-w as domestic demand continued to be slow. Rebar offers for both cash and bank guarantee payments were hovering around NPR 76,000-77,000/t ($566-574/t) and NPR 78,000 to 80,000/t ($581-596/t), respectively. WRC offers also remained unchanged w-o-w for both BF and IF/EAF route production. BF-route offers stood at $560-565/t exw. IF/EAF…