Platts reflects updated Asian rebar quality specifications

Platts, part of S&P Global Energy, has updated the quality specification for its Asian rebar assessments, effective April 1, to reflect the most up-to-date industry standards for rebar traded in the region.

The assessments affected and the updated quality specifications are listed in the table below:

All other specifications remain unchanged.

Detailed specifications may be found in the Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys Specifications Guide.

The following calculations, which are based on the assessments above, will also reflect updated basis specifications:

Platts Asian rebar assessments are published on fixed pages PMA/STL1315, 1215, 1330, 1331 and 1360 of the real-time Platts Metal Alert and Platts Steel Alert, SBB Steel Markets Daily, Steel Price Report, World Steel Review, Global Market Outlook and in the Platts price database.

Please send any feedback, comments or questions to pl_asia_steel@spglobal.com and pricegroup@spglobal.com.

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

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