17 Aug 2022 | 14:22 UTC

Platts corrects March to July monthly averages for Asia domestic India steel HRC, rebar USD conversions

Platts, part of S&P Global Commodity Insights, has corrected the March 2022 through July 2022 monthly averages for the US dollar conversions of its HRC India Domestic Delivered Mumbai, and Rebar India Domestic Delivered Raipur steel assessments.

Additionally, Platts has backfilled some missing prices for the daily US dollar conversions for HRC India Domestic Delivered Mumbai and Rebar India Domestic Delivered Raipur assessments, during the same period from March 2022 through July 2022, which are converted from the existing HRC India Domestic Delivered Mumbai (TS01046) and Rebar India Domestic Delivered Raipur (STRIA00) daily assessments published in Indian rupees.

The codes for the affected prices are listed as below:

Assessment

Unit of Measurement

Daily Codes

Monthly Average Codes

Corrected Values

Mar

Apr

May

Jun

Jul

HRC India Domestic Delivered Mumbai monthly average

$/mt

TSIDD03

973.545

994.835

889.791

793.197

739.663

Rebar India Domestic Delivered Raipur monthly average

$/mt

STRIB03

851.248

816.854

743.311

682.965

686.114

HRC India Domestic Delivered Mumbai daily conversion

$/mt

TSIDD00

Backfilled

Rebar India Domestic Delivered Raipur daily conversion

$/mt

STRIB00

Backfilled

The assessments are published in SBB Steel Markets Daily and on the fixed pages PMA/STL1216, PMA/STL1315, PMA/STL1354 and PMA/STL1360 of the Platts real-time alerts and in the Platts database under the above-mentioned codes. They are also published in Steel Business Briefing, Steel Price Report, and Global Market Outlook.

For comments and questions please contact pl_asia_steel@spglobal.com or pricegroup@spglobal.com.