Nepal: Domestic rebar offers remain range-bound amid limited festive trade
Nepal witnessed limited trade this week due to Chhath Puja and is likely to remain subdued till 20 Nov'23. Rebar offers have remained stable ranging NPR 76,000/t and NPR 82,500/t exw respectively for cash and bank guarantee. Wire rod coil (WRC) price indications from BF-route were heard at $630/t exw, while for EAF/IF were around $545-$550 exw.