25 Mar 2010 | 07:05 UTC — New York

New steel codes and description changes

Commodity: Metals Region: EMEA/Americas

The following codes were created in dispatch category FA.

This data will be available on PMA pages as follows:

PMA pages 1100-1199 -- Iron Ore PMA pages 1200-1399 -- Steel and Ferrous Scrap PMA pages allotted for Ferroalloys remain unchanged.

Platts will launch several new steel-product price assessments in 2010. Among them: hot-dipped galvanized coil, ex-works Indiana and CIF US Gulf Coast; hot-rolled coil CFR Brazil; hot-rolled coil CFR Persian Gulf; rebar CFR Persian Gulf and steel slab FOB CIS and FOB Brazil.

Please be advised that on launch date we will be amending the FA category description to read: Steel, Iron Ore and Ferroalloys.

Tentative launch date is scheduled for May 3, 2010.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION FA HDGGM00 hlc 4 DW USD ST HDG CIF USGC $/St FA HDGGM04 hlc 4 WA USD ST HDG CIF USGC $/St WA FA HDGGM03 hlc 4 MA USD ST HDG CIF USGC $/St MA FA HDGIN00 hlc 4 DW USD ST HDG EXW Indiana $/St FA HDGIN04 hlc 4 WA USD ST HDG EXW Indiana $/St WA FA HDGIN03 hlc 4 MA USD ST HDG EXW Indiana $/St MA FA HRCFC00 hlc 4 WA USD MT HRC CFR Brazil $/Mt Wk FA HRCFC03 hlc 4 MA USD MT HRC CFR Brazil $/Mt MA FA HRCPG00 hlc 4 WA USD MT HRC CFR Persian Glf $/Mt Wk FA HRCPG03 hlc 4 MA USD MT HRC CFR Persian Glf $/Mt MA FA STCPG00 hlc 4 WA USD MT Rebar CFR Persian Gulf $/Mt Wk FA STCPG03 hlc 4 MA USD MT Rebar CFR Persian Gulf $/Mt MA FA STSCI00 hlc 4 WA USD MT Stl Slab FOB CIS $/Mt Wk FA STSCI03 hlc 4 MA USD MT Stl Slab FOB CIS $/Mt MA FA STSBZ00 hlc 4 WA USD MT Stl Slab FOB Brazil $/Mt Wk FA STSBZ03 hlc 4 MA USD MT Stl Slab FOB Brazil $/Mt MA

The following codes have had their descriptions amended as follows:

FROM: DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION FA IODBZ00 hlc 2 DW USD DMT IODEX CFR China $/DMt FA IODBZ02 c 2 WA USD DMT IODEX CFR China $/DMt WAvg FA IODBZ03 c 2 MA USD DMT IODEX CFR China $/DMt MAvg FA IODBZ04 c 2 MA USD DMT IODEX CFR China $/DMt MTD

TO: DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION FA IODBZ00 hlc 2 DW USD DMT IODEX CFR CHINA 62% Fe $/DMt FA IODBZ02 c 2 WA USD DMT IODEX CFR CHINA 62% Fe $/DMt WA FA IODBZ03 c 2 MA USD DMT IODEX CFR CHINA 62% Fe $/DMt MA FA IODBZ04 c 2 MA USD DMT IODEX CFR CHINA 62% Fe $/DMt MTD