SUBSCRIBER NOTE: Platts to discontinue existing Steel Mill Economics Global Spreads, replace series

Following a period of industry feedback, Platts has decided to discontinue its existing suite of Steel Mill Economics Global Spreads.

Platts will replace the series with several new additions and changes after discontinuation of the existing assessments on March 31, 2016. (See separate subscriber note)

The move follows market interest for exchange-focused tradable spreads and tracking export-oriented margins. Platts plans to publish several related spreads from Minerals Value Service, a provider of analytics on the steel and steel raw materials markets owned by Platts.

The link below has an attachment for all of the affected symbols:

www.platts.com/IM.Platts.Content/MethodologyReferences/SubscriberNotes/Notes/ Midpoint-Additions.xls

Short URL: http://plts.co/RTuCK

The assessments are published in Platts Metals Alert, Platts SBB-Steel Market Daily, Platts Steel Price Report, World Steel Review, and Platts Raw Materials Monthly.

The data is also available in Platts Markets Data.

Platts will update the market on new assessments replacing the Steel Mill Economics Global Spreads in due course.

Please provide feedback to Hector Forster, at hector.forster@platts.com and Platts price group at pricegroup@platts.com