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

S&P Global Platts will discontinue the 10-day average calculation of the US Midwest shredded scrap (TS11003), effective Monday July 5, 2021.

The change was originally proposed on Feb. 25 (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/022521-platts-proposes-to-expand-ferrous-scrap-coverage-in-the-us) and will follow Platts' decision to start publishing the US Midwest shredded scrap index on a daily basis (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/042621-platts-is-expanding-ferrous-scrap-coverage-in-the-us).

This average is currently published once a month in Steel Markets Daily, Steel Raw Materials Monthly, Global Market Outlook, and World Steel Review.

Please submit any comments to PL_Americas_Metals@spglobal.com and pricegroup@spglobal.com

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