Platts, part of S&P Global Commodity Insights, has corrected the HRC Ex-stock Shanghai VAT inclusive daily price assessment (SB01260), its corresponding US dollar conversion (SB01360) and the calculated China HRC domestic steel mill margin (MVS) (AMVSA00) for March 23, 2023.
The corrected HRC Ex-stock Shanghai VAT inclusive assessment is Yuan 4,300/mt and its corresponding dollar conversion is $625.83/mt. The corrected China HRC domestic mill margin (MVS) is minus $15.32/mt.
The assessment, corresponding dollar conversion and mill margin calculation are published in Steel Price Report and Steel Markets Daily and on fixed pages PMA/STL1198, PMA/STL1215 and PMA/STL1330 of the Platts real-time alerts and in the Platts database under the above-mentioned symbols.
For comments and questions please contact pl_asia_steel@spglobal.com or pricegroup@spglobal.com.