SUBSCRIBER NOTE: Platts launches Turkey ARC Steel Tracker data

Platts launched on December 1, 2014, a new series of daily data analysis identifying price trends and price direction in the Turkish rebar, billet and scrap markets. The Platts Turkey ARC Steel Tracker (Turkey ARC) has been designed to analyze price relationships of inputs and outputs to regional electric arc furnaces and rolling mills, and daily index and monetary values are proposed for each commodity and the market. The analysis will be undertaken on a related set of commodity prices, which Platts publishes daily: STCBM00 Rebar FOB Turkey, FETKD00 Ferrous Scrap HMS 80:20 CFR Turkey, and STBLB00 Billet FOB Black Sea (given an adjustment factor based on freight rates to allow for a net forward CFR Turkey billet value to be created). In total, there will be two daily Turkey ARC indexes published apiece for rebar, billet and ferrous scrap (HMS 80:20), based on 30-day moving average and 60-day moving averages. There will also be monthly averages for the data. In addition, corresponding monetary values for each index will be published, using Platts price assessments to base these on. A market direction metric, indicating daily overall price movement of the ARC commodities, and a composite index for the industry will also be available. Back data through July 2012 for all of the data for publication will be made available at the time of launch. Data will be published in Steel Markets Daily, Steel Price Report, and Steel Raw Materials Monthly. Please submit feedback, comments or questions to Hector Forster, hector.forster@platts.com, with a cc to PriceGroup@platts.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.