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Decision to discontinue north China rebar prices

Fastmarkets has decided to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China because the price is not a key price benchmark.

August 21, 2024
By Jessica Zong
Long products Pricing notice

The decision was made following one-month consultation period, which received no feedback.

The affected price is as follows:
MB-STE-0162 Steel reinforcing bar (rebar) domestic, ex-whs Northern China, yuan/tonne

The consultation period for this price began on July 22 and ended on August 21, with changes effective on August 23.

All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued.

Fastmarkets will continue to publish the steel reinforcing bar (rebar) domestic, ex-whs Eastern China, yuan/tonne assessment, which is the price most accurately reflecting China’s rebar market.

If you have any comments on the discontinuation of this price, please contact Jessica Zong by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Jessica Zong, re: China rebar”.

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology

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