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Prices of cement and steel in Nepal risen sharply in recent days due to escalating tensions in the Middle East

himalaya Diary News Service by himalaya Diary News Service
March 19, 2026
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Nepal: Iron and steel imports rise to Rs 52.95 billion, while exports plunge 72.74%
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Prices of cement and steel in Nepal have risen sharply in recent days due to escalating tensions in the Middle East. Cement prices have increased by Rs 10 per bag, while steel rods have jumped by Rs 10 per kilogram. Contractors warn that continued instability could further increase construction costs for both residential and commercial projects.

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