Platts proposes to discontinue the 10-day average calculation of the US Midwest shredded scrap (TS11003)

S&P Global Platts proposes to discontinue the 10-day average calculation of the US Midwest shredded scrap (TS11003) as Platts is proposing to update the US Midwest scrap index to be calculated each day.

This average is currently published on a monthly basis.

Platts welcomes feedback on the proposed changes and all other aspects of its ferrous scrap methodology in the US. Please submit any feedback, comments or questions about this proposal to PL_Americas_Metals@spglobal.com and pricegroup@spglobal.com by April 23, 2021.

The proposed discontinuation would come into effect Monday July 5, 2021.

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.