Nepals rebar prices declined w-o-w by NPR 3,000\/t ($33), with cash deal prices at NPR 81,000-83,000\/t ($513-547\/t). Bank guarantee transaction levels were heard at NPR 83,000-85,000\/t ($547-562\/t). Despite occasional price support, overall market sentiment remained cautious due to persistently weak demand, resulting in a gradual softening trend.Meanwhile, IF-EAF wire rod prices continued to decline, with current trade levels reported at around $550\/t CNF Raxaul. Limited buying activity and subdued downstream demand continued to pressure sentiment in Nepals long steel market.<\/p>\n","protected":false},"excerpt":{"rendered":"
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