Platts corrects Northwest European hot-rolled carbon-accounted coil rationale for Jan 29

Platts, part of S&P Global Commodity Insights has corrected the rationale for Northwest European hot-rolled carbon-accounted coil for Jan. 29, which incorrectly stated the assessed price.

The daily Northwest European hot-rolled carbon-accounted coil assessment on Jan. 29 was not impacted by this correction.

The corrected rationale should read as follows:

Platts assessed Northwest European hot-rolled carbon-accounted coil up Eur10/mt on the day at Eur885/mt ($956.4195/mt) ex-works Ruhr Jan. 29.

The assessment was calculated in line with the sum of the Platts daily carbon-accounted steel premium (CASP) assessment and the Platts daily hot-rolled coil price assessment in Northwest Europe.

Tradable values were reported at Eur100/mt for coil with CO2 content around 1 mt, at Eur150/mt with CO2 content below 0.7 mt, and at Eur100-140/mt for CO2 content below 0.8 mt, all under scopes 1 and 2.

No data was excluded from the assessment.

Platts is part of S&P Global Commodity Insights.

This rationale applies to symbol(s) <EHRSC00>