SUBSCRIBER NOTE: Platts proposes to change Turkish flat steel methodology

S&P Global Platts proposes to change the methodology of its Turkey ex-works flat steel assessments from a volume-weighted average index to a Market-on-Close assessment approach from March 1, 2018.

Platts seeks market feedback on its proposal by January 26, 2018.

Data collection:

To assess these flat-rolled steel products, Platts would continue to collect a wide variety of transactional and market information through a survey of industry participants, which typically includes communicating with sources via phone, email, and instant messaging.

This subscriber note relates to the following price series:

Platts TSI Turkey HRC Ex-Works Weekly (SB01154, TS01017) Platts TSI Turkey CRC Ex-Works Weekly (SB01092, TS01004) Platts TSI Turkey HDG Ex-Works Weekly (SB01127, TS01009)

Please submit any feedback, comments or questions about this proposal to flatsteel_europe@spglobal.com & pricemethodology@spglobal.com by January 29, 2018.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.