New Low-Carbon Metals Spread symbols

The following low-carbon metals spread symbols have been created in Market Data categories MM, SQ, SR and SS. The MM designated symbols will appear in S&P Global Platts Metals Daily and Platts Metals Week. The SQ, SR, SS designated symbols will appear in Platts Steel Markets Daily and Platts Steel Price Report.

They will also appear in Platts Metals Alert pages PMA 0300, PMA 0413, PMA 1318, PMA 1205, PMA 1326, PMA 1323 and PMA 1114. They are scheduled to begin updating on August 13, 2021.

MDC Symbol Bates Dec Freq Curr UOM Description

MM ALUMB00 c 3 BW USC LB US Aluminum MWT-A380 Spread

MM ALUMC00 c 3 BW USC LB US Aluminum MWT-Mill MLCCs Spread

MM ALUMA04 c 3 WA USC LB US Aluminum MWT-UBCs Spread

SQ AHRSA00 u 2 DW N/A N/A China HRS101 Scrap Iron Ore Ratio

SR ABLSE04 u 2 WA N/A N/A Black Sea Pig Iron : Turkey HMS 80:20 Ratio

SS ABUSH00 c 2 DW USD ST US HRC-MW #1 Busheling Spread

SS APGIR04 u 2 WA N/A N/A US Pig Iron New Orleans : MW Busheling Ratio

In addition, the following US steel scrap symbols have had their descriptions changed, as summarized below.

From:

MDC Symbol Bates Dec Freq Curr UOM Description

MF AOPIE00 c 2 DW USD ST HRC Scrap US Spread USD/ST

MF AOPIE03 c 2 MA USD ST HRC Scrap US Spread USD/ST MAvg

MF AOPIE05 c 2 QR USD ST HRC Scrap US Spread USD/ST QAvg

MF AOPJE00 c 2 DW USD ST Rebar Scrap US Spread USD/ST

MF AOPJE03 c 2 MA USD ST Rebar Scrap US Spread USD/ST MAvg

MF AOPJE05 c 2 QR USD ST Rebar Scrap US Spread USD/ST QAvg

To:

MDC Symbol Bates Dec Freq Curr UOM Description

MF AOPIE00 c 2 DW USD ST HRC-MW Shredded Scrap Spread USD/ST

MF AOPIE03 c 2 MA USD ST HRC-MW Shredded Scrap Spread USD/ST MAvg

MF AOPIE05 c 2 QR USD ST HRC-MW Shredded Scrap Spread USD/ST QAvg

MF AOPJE00 c 2 DW USD ST Rebar-MW Shredded Scrap Spread USD/ST

MF AOPJE03 c 2 MA USD ST Rebar-MW Shredded Scrap Spread USD/ST MAvg

MF AOPJE05 c 2 QR USD ST Rebar-MW Shredded Scrap Spread USD/ST QAvg

If you have any comments or questions about this announcement, please contact

S&P Global Platts Client Services or email support@platts.com