Nov 21, 2018-
New investment in the industry is a result of increased development works, boom in the construction of houses and commercial buildings, producers said, adding that iron and steel demand has been increasing by 10 percent annually.
Almost 90 percent of raw materials are imported from India. The remaining comes from third countries.
Meanwhile, Nepal has been importing raw materials and other related materials to manufacture rebar.
Source: The Kathmandu Post