Mexican Steel Rebar Index

The Platts Mexico Steel Rebar Index is calculated with the monthly average of the weekly Platts assessment (SB01603), which considers domestically produced rebar grade 42, Norm NMX-C-407, 500-1,000 mt, on a DDP Northeast basis. Other locations, qualities, lot sizes, and equivalent products are normalized back to the assessment's base specifications.

For the weekly assessment, a wide array of market participants (buyers and sellers) are contacted on a daily basis. Platts considers bids, offers, trades, and indications of value to determine repeatable market value. Verified deals serve as the basis of our spot price assessments. However, assessed values may change in the absence of transactions, based on market dynamics and a wide range of data.