SUBSCRIBER NOTE: Platts proposes changes to US zinc galvanizing premium

S&P Global Platts is proposing to amend the methodology for its zinc US MW SHG Galvanizer Premium assessment (MMAYI00) to better reflect the potential differential in premiums for zinc sold mainly to steel galvanizers in the larger-dimension shape known as "jumbos." Platts proposes for this change to take place January 6, 2017. Platts is proposing to further define the specification to reflect the weekly assessment of the spot premium or discount to the LME SHG zinc cash settlement price for zinc in jumbo form, weight 2,426 lb (1,100 kg), with length of 31.5 inches (80 cm), depth of 20 inches (50 cm) and height of 20 inches (50 cm), to include special high-grade zinc with composition of 99.995% Zn or continuous galvanizing grade containing 0.22% to 1.10% aluminum. The assessment would be normalized to a typical spot quantity of 1-2 railcars, or 4-9 truckloads, delivered US Midwest, net-30-day payment terms. The name of the assessment would change to Zinc US Galvanizer Premium from Zinc MW SHG Galvanizer Premium. Please submit any feedback, comments or questions about this proposal to: Laura Gilcrest, laura.gilcrest@spglobal.com; Karen McBeth, karen.mcbeth@spglobal.com and pricemethodology@spglobal.com by November 28, 2016. 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.