Metals & Mining Theme, Ferrous

January 04, 2024

Platts clarifies weight basis specification for its global rebar assessments

Platts, part of S&P Global Commodity Insights, clarifies that all its rebar price assessments globally are published on an actual weight basis, except for some Asian assessments.

The following Platts Asia rebar assessments reflect a theoretical weight basis:

Assessment CODE Mavg Timeline
Rebar CFR Southeast Asia $/mt SB01195 SB01302 Daily
Rebar China Dom Beijing Yuan/mt SB01198 SB01300 Daily
Rebar China Dom Jiangsu Yuan/mt SB01259 SB01301 Weekly

All other assessments reflect actual weight.

Alongside this clarification, Platts is adding a weight parameter to the rebar specifications listed in its Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys methodology guide. Detailed specifications can be found here.

Please send any inquiries and comments to PL_Asia_Steel@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.