Tag: SteelMint Morning Brief
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Nepal: Mills pin hopes on infra projects to create steel demand
Nepal is poised to see an increase in steel demand, with more than 20 infrastructure projects of national importance relating to construction of hydropower plants, logistics corridors, airports, roads etc coming up. However, only 40-45% capacity is being utilised by the mills. The present challenge is that demand for steel for the last 4-5 has…