Asian rebar loses more ground on weak sentiment

摘要

Asian rebar prices weakened further Wednesday, with buyers more bearish about Chinesedomestic prices going forward. The buyers were waiting for even lower prices, in line withthe weak physical and futures market.S&P Global Platts assessed 16-20 mm diameter BS500 rebar at $464/mt FOB China actualweight, down $2/mt on the day.