SUBSCRIBER NOTE: TSI clarifies steel raw materials assessments December 26

Please note that the following iron ore and coking coal prices, reported in Steel Markets Daily dated December 26, 2017 as NA, should be read as: TS01035 TSI Hard Coking Coal Australia Export FOB East Coast Port 178.20 TS01047 TSI Iron Ore Fines 58% Fe 1.5% Al China Imports CFR Qingdao Port 49.10 TS01020 TSI Iron Ore Fines 62% Fe 2% Al China Imports CFR Qingdao Port 73.20 TS01021 TSI Iron Ore Fines 62% Fe China Imports CFR Tianjin Port 74.10 TS01022 TSI Iron Ore Fines 63.5/63% Fe China Imports CFR Qingdao Port 75.60 TS01033 TSI Iron Ore Fines 65% Fe China Imports CFR Qingdao Port 91.50 TS01034 TSI Premium Hard Coking Coal Australia Export FOB East Coast Port 259.60

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