Asian rebar prices stay unchanged as market pauses for clearer direction

摘要

Asian rebar prices were unchanged despite resumption of trading in the Beijing spot market, as buying indications for seaborne cargoes remained weak, market sources said Monday. S&P Global Platts assessed 16-20 mm diameter BS500 rebar at $428/mt FOB China actual weight, unchanged from Friday. In the Beijing retail market, spot 18-25 mm diameter HRB400 rebar was assessed at Yuan 3,420/mt ($490/mt) ex-stock actual weight, including 13% value added tax, unchanged from Friday.