SUBSCRIBER NOTE: Platts clarifies Jiangsu ferrous scrap price series

S&P Global Platts clarifies that its ferrous scrap delivered Jiangsu price series (SB01129) reflects the list price of China's largest scrap consumer, Jiangsu Shagang Co.

The specification reflected is heavy melting scrap of minimum 6 mm thickness, delivered to Zhangjiagang, Jiangsu province. The price, published in Yuan, includes 17% VAT.

Please address any feedback or questions to: keith.tan@spglobal.com with a copy to pricemethodology@spglobal.com.

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