Nepal: Domestic rebar offers range-bound, sales improve
In Nepal's domestic market, rebar offers remained range-bound at NPR 77,000-78,000/t and NPR 82,000/t exw for cash and bank guarantee, respectively. Conversely, wire rod coil (WRC) offers through the BF-route remained range-bound $610/t ex-works on slight pick up in sales. However, trade activities remained subdued along with weaker market sentiments. Meanwhile, EAF/IF offers edged down by $10/t to $540/t ex-works.