SUBSCRIBER NOTE: S&P Global Platts discontinued 21 US and LatAm steel assessments

S&P Global Platts has discontinued 21 steel price assessments for the US and Latin American markets from March 1, 2019, due to a lack of liquidity and changes in product flow.

The last assessment day for all 21 prices was February 1, 2019. This decision followed a period of market consultation that started on December 14.

Details of the assessments discontinued are as follows:

- US Stainless steel assessments and surcharges (domestic)

Alloy surcharge: 304 coil - Ex-mill US, $ cent/lb - code SB01009 Alloy surcharge: 316 coil - Ex-mill US, $ cent/lb - code SB01012 Alloy surcharge: 430 coil - Ex-mill US, $ cent/lb - code SB01016 CR 304 2B 14 gauge, Base price - Ex-mill US, $ cent/lb - code SB01055 CR 304 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01056 CR 316 2B 14 gauge, Base price - Ex-mill US, $ cent/lb - code SB01064 CR 316 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01065 CR 430 2B 14 gauge, Base price - FOB US Mill, $ cent/lb - code - SB01071 CR 430 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01072

- US Stainless steel price assessments and surcharges (import)

CR 304 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01057 CR 316 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01066 CR 430 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01073

- US Pipe & Tubes

Welded pipe (Domestic Standard 4 inch, black ERW) - code SB01256 Welded pipe (Import standard 4 inch, black ERW) - code SB01257

- US Long Steel

WF beams (medium) - Ex-mill US Midwest, $/s.ton - code SB01240 Merchant Bar - Ex-mill US Midwest, $/s.ton - code SB01168

- Brazil Flats & Longs, Raw Materials

Merchant Bar - excluding taxes, BRL/t - code SB01163 Plate (A36) - excluding taxes, BRL/t - code SB01175 Charcoal - Delivered to buyer (incl. tax), BRL/t - code SB01044

- Argentina Flat Steel

HRC - Delivered, $/t - code SB01137 CRC - Delivered, $/t - code SB01079

The above assessments were previously published in the SBB Daily Briefing, Steel Markets Daily and Steel Raw Materials Monthly. These prices also ceased to be published on their respective fixed pages which were published on Platts Metals Alert pages 3944 and 3937.

Please send any feedback, comments or questions to adriana.carvalho@spglobal.com, nicholas.tolomeo@spglobal.com and pricegroup@spglobal.com

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