08 Jul 2021 | 20:15 UTC

Platts has discontinued the 10-day average calculation of the US Midwest shredded scrap (TS11003)

S&P Global Platts has discontinued the 10-day average calculation of the US Midwest shredded scrap (TS11003) as Platts has updated the US Midwest scrap index to be calculated each day.

The average was previously published on a monthly basis.

The discontinuation went into effect Monday July 5, 2021 and was announced in previous subscriber notes here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/042621-platts-will-discontinue-the-10-day-average-calculation-of-the-us-midwest-shredded-scrap-ts11003.

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