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Electric Power
November 07, 2024
Platts, part of S&P Global Commodity Insights, will launch two new daily stainless cold-rolled coil (CRC) sheet spot price assessments for the US, effective Dec. 2, 2024.
The assessments will reflect stainless CRC sheet grades 304 and 316 purchased in minimum 20-short-ton parcels, ex-works US domestic mill with shipment of 3 to 8 weeks.
Platts originally proposed the new assessments in a subscriber note published Oct. 18.
Following market feedback, Platts has updated the dimension specifications to reflect thickness of 0.075-0.135" from the T 0.0272-0.1000" initially proposed.