07 Dec 2015 | 05:06 UTC — London

SUBSCRIBER NOTE: Platts proposes to launch new Global Steel Mill Economics Spreads

Platts is proposing to start publishing new Global Steel Mill Economics Spreads based on Asian, Turkey and US-focused markets. The spreads will replace the existing series, which will be discontinued. (See separate subscriber note)

Platts proposes to publish the following new Global Steel Mill Economics Spreads starting April 1, 2016.

1. ASEAN HRC Spread: TSI ASEAN HRC over TSI CFR China Iron Ore and TSI CFR Prem JM25 HCC

2. Turkey Scrap Rebar Spread: Platts Rebar FOB Export over TSI HMS I/II Scrap CFR Turkey

3. Black Sea Billet Rebar Spread: Platts Black Sea Billet over Platts Rebar Turkey FOB Export

4. US Scrap HRC Spread: TSI US Domestic HRC over TSI Scrap (Weekly Shred)

5. US Scrap Rebar Spread: Platts US Domestic Rebar over TSI Scrap (Weekly Shred)

6. China Export HRC Spread: Platts HRC Export FOB China over PLV CFR China, IODEX

7. China Export Rebar Spread: Platts Rebar Export FOB China over PLV CFR China, IODEX

The assessments will be published in Platts Metals Alert, Platts SBB-Steel Market Daily, Platts Steel Price Report, World Steel Review, and Platts Raw Materials Monthly.

The data would also be made available in Platts Markets Data.

Please provide feedback or submit questions by December 31, 2015 to Hector Forster at hector.forster@platts.com, and Platts price group at pricegroup@platts.com