Platts renames steel rebar FOB China assessment

Platts, part of S&P Global Energy, has changed the description of its steel rebar FOB China assessment (STCBZ02), effective April 1.

The description has been updated from CbnStl Rebar FOB China $/Mt to Rebar FOB China. The change aligns descriptions across Asian rebar assessments.

The change also applies to the associated monthly average (STCBZ23).

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

Platts first communicated its decision to change the description of its steel rebar FOB China assessment on March 18, in the relevant note available here.

Platts Rebar FOB China assessments are published on pages PMA/STL1315, 1215 and 1360 of the real-time Platts Metal Alert and Platts Steel Alert, in SBB Steel Markets Daily, Steel Price Report, World Steel Review, and in the Platts price database.

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

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