Prahlad Rijal & Shankar Acharya


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Imports of steel rods up as domestic output slows

Nepal’s imports of mild steel rods, wires, coils and other construction materials have jumped 91.33 percent as domestic production falls behind demand, Nepal Rastra Bank (NRB) said. According to the central bank, the import bill as of mid-April totalled Rs5.82 billion, up from Rs3.04 billion year-on-year.

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