01 Sep 2016 | 03:45 UTC — London

SUBSCRIBER NOTE: Platts to discontinue DDP NW Europe steel HRC/CRC assessments

S&P Global Platts has decided to discontinue the daily delivered duty paid Northwest European steel hot-rolled coil and cold-rolled coil assessments (codes AAWVM00 and AAWWB00) from December 1, 2016.

Platts will discontinue these assessments because of a lack of trade liquidity on this INCO term basis (DDP).

Platts publishes daily ex-works Ruhr assessments for both HRC and CRC: this is the more regularly cited basis for comparable transactions.

Please submit any feedback, comments or questions about this decision to: Peter Brennan, peter.brennan@spglobal.com; Emanuele Norsa, emanuele.norsa@spglobal.com and pricemethodology@spglobal.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.