SUBSCRIBER NOTE: Platts decides to launch new Platts MVS Steel Mill Economics China Spreads

Platts has decided to start publishing Platts MVS Steel Mill Economics China Mill Margins following a period of industry feedback.

These will be launched as new assessments starting May 3, 2016. This follows a subscriber note on this subject published February 9, 2016.

Platts MVS Steel Mill Economics China Mill Margins will track spreads between domestic prices of flat and long steel products against the cost of raw materials.

Platts MVS is a provider of analytics on the steel and steel raw materials markets.

Platts proposes to publish daily two industry-focused spreads using Platts MVS's industry models and research, incorporating Platts price assessments for steel, iron ore products, coking coal and PCI.

Platts will review the methodology for the new Platts MVS assessments against industry developments on an ongoing basis.

The Platts MVS data will be published alongside new spreads in the Global Steel Mill Economics series.

Platts MVS will release all of the products used to calculate the margins and implied weightings, with the models available for review and adaptation to registered users.

The Platts MVS Steel Mill Economics China Mill Margins assessments will be published in various Platts publications.

The data will also be also available in Platts Markets Data.

Please provide feedback or submit questions to: Hector Forster, at hector.forster@platts.com and Platts price group at pricemethodology@platts.com.

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 on request.