SUBSCRIBER NOTE: Platts starts assessing Turkish scrap forward curve

&P Global Platts has started publishing a daily forward curve of swaps whose settlement index is the Platts TSI assessment of Turkish imports of premium heavy melting scrap I/II (80:20).

This follows a period of market feedback that started October 16, 2017.

Data collection: In order to assess the swap month, Platts may use information reported by active market participants and brokers' forward curves.

The curve will be looking three months ahead, starting with the current month ie, M0, M1, M2 and M3. Platts will assess the current month (M0) value until liquidity moves on to the next swap month.

Please submit any feedback, comments or questions about this proposal to stefan.swanepoel@spglobal.com & 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.