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Platts Asia HRC Assessment Rationale

Tuesday, 20 October 2020

The S&P Global Platts TSI SAE1006 grade hot rolled coil assessment was assessed flat at $526/mt CFR Southeast Asia, amid on-hold buying indications.

The lowest Russia-origin SAE offer for January shipment stood at $515/mt, which was out of the assessment window. Buying indications remained around $525/mt for Chinese coils. No deal was heard concluded on Oct. 20.

No data was excluded from the Oct. 20 assessment.

The above rationale applies to market data code: TS01041

-- Staff

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