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Rod price goes up by 20% in a year

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UNB Report
The price of rods, the main input material in construction, has gone up by around 20 percent in a year in the local market, raising costs in the construction and real estate industry.
Rods or rebar is the steel bar or mesh of steel wires used as a tension device in reinforced concrete and rein-forced masonry structures to strengthen construction and keep them standing.
Rebar millers said the price has gone up for various costs, including import costs, such as the price of inputs of...

China promises action on US trade deal but gives no details

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Beijing, Dec 5 (AP) - China promised Wednesday to carry out a tariff cease-fire with Washington but gave no details that might help dispel confusion about what Presidents Xi Jinping and Donald Trump agreed to in Ar-gentina.
China has yet to confirm Trump's claim Beijing promised to cut auto...

Global shares tumble after Wall Street sell-off

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Beijing, Dec 5 (AP) - Global stock prices tumbled Wednesday after Wall Street plunged amid confusion about what Washington and Beijing agreed to in a tariff cease-fire.
KEEPING SCORE: In early trading, London's FTSE 100 index fell 1.3 percent to 6,932.04 and German's DAX lost 1.1 percent to...

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