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05 Aug 2015 | 02:34 UTC — London
Platts proposes to change the delivery window on its daily FOB Turkey rebar assessment (STCBM00 daily, STCBM00 monthly average) to 2-8 weeks, and time normalize cargoes to the mid of this window.
At the same time, Platts also proposes to change the payment terms to "at sight", with all other payment terms normalized to this standard. Platts is proposing these changes become effective, September 18, 2015. All other specifications will remain the same.
The assessment appears in the Daily Briefing, Platts Metals Alert and Steel Markets Daily.
Please email feedback or comments by August 19 to Colin Richardson, colin.richardson@platts.com, with a cc to pricegroup@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 upon request.