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14 Dec 2018 | 19:20 UTC — Sao Paulo
S&P Global Platts is proposing to discontinue 21 steel price assessments for the US and Latin American markets from March 1, 2019, due to a lack of liquidity and changes in product flow.
Platts seeks market feedback on its proposal by Friday, December 14.
Details of the assessments proposed for discontinuation are as follows:
US Stainless steel assessments and surcharges (domestic)
Alloy surcharge: 304 coil - Ex-mill US, $ cent/lb - code SB01009 Alloy surcharge: 316 coil - Ex-mill US, $ cent/lb - code SB01012 Alloy surcharge: 430 coil - Ex-mill US, $ cent/lb - code SB01016 CR 304 2B 14 gauge, Base price - Ex-mill US, $ cent/lb - code SB01055 CR 304 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01056 CR 316 2B 14 gauge, Base price - Ex-mill US, $ cent/lb - code SB01064 CR 316 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01065 CR 430 2B 14 gauge, Base price - FOB US Mill, $ cent/lb - code - SB01071 CR 430 2B 14 gauge, Transaction price (incl. surcharge) - Ex-mill US, $ cent/lb - code SB01072
US Stainless steel price assessments and surcharges (import)
CR 304 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01057 CR 316 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01066 CR 430 2B 14 gauge, Transaction price (incl. surcharge) - Ex Dock, Duty Paid Gulf port, $ cent/lb - code SB01073
US Pipe & Tubes
Welded pipe (Domestic Standard 4 inch, black ERW) - code SB01256 Welded pipe (Import standard 4 inch, black ERW) - code SB01257
US Long Steel
WF beams (medium) - Ex-mill US Midwest, $/s.ton - code SB01240 Merchant Bar - Ex-mill US Midwest, $/s.ton - code SB01168
Brazil Flats & Longs, Raw Materials
Merchant Bar - excluding taxes, BRL/t - code SB01163 Plate (A36) - excluding taxes, BRL/t - code SB01175 Charcoal - Delivered to buyer (incl. tax), BRL/t - code SB01044
Argentina Flat Steel
HRC - Delivered, $/t - code SB01137 CRC - Delivered, $/t - code SB01079
As all assessments proposed for discontinuation are on a monthly basis, the last assessment would be February 1, 2019.
Please send any feedback, comments or questions to adriana.carvalho@spglobal.com, nicholas.tolomeo@spglobal.com and pricegroup@spglobal.com by Friday, December 14.
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.