Asian rebar flat, snapping 5-day consecutive drop on fresh deal

摘要

Asian rebar prices were unchanged on Thursday, snapping a 5-day losing streak, as a new deal of Russian cargo concluded in Hong Kong. S&P Global Platts assessed 16-20 mm diameter BS500 rebar at $421/mt FOB China actual weight, unchanged on the day. In Hong Kong, a deal of 30,000mt Russian billet was concluded at $425/mt CFR actual weight of June shipment, said 2 local stockists, adding that this was used for delivery for forward shipment signed previously .