PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: The McGraw-Hill Companies, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Platts Introduces Suite of Price Spreads to Explain Steel Mill Economics - Aids margin modeling, risk evaluation & industry analysis (NYSE: MHP) -
Platts Introduces Suite of Price Spreads to Explain Steel Mill Economics


NewswireToday - /newswire/ - New York, NY, United States, 2013/01/15 - Aids margin modeling, risk evaluation & industry analysis (NYSE: MHP) - NYSE: MHP; NYSE: MHFI

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Platts, a leading energy, petrochemical and metals information provider and top source of benchmark prices, has introduced an innovative, global suite of price spreads, known as Platts Steel Mill Economics, aimed at assisting margin modeling and steel industry analysis. The new suite of spreads, which debuted yesterday, captures the costs of raw material inputs and the price of finished products in blast-furnace and electric-furnace (scrap-based) steelmaking operations in Asia, Europe and the United States.

“Platts Steel Mill Economics is a set of independent, cost-price analytical tools,” said Joe Innace, Platts editorial director of metals. “By providing price valuation points throughout the steel-making process from raw inputs through blast furnace processes, these tools are designed to help our customers better understand, manage and hedge highly unpredictable iron- and steel-making margins.” The price spreads support every-day and long-range decision-making by diverse industry and market players such as mill owners, risk managers, analysts, traders, brokers, financiers, purchasing managers, strategic planners and investors.

The suite includes more than a dozen spreads reflecting the difference between raw material commodities such as iron ore, coal or scrap and finished or semi-finished steel products. The suite of Platts Steel Mill Economics price spreads will be reported daily and monthly. As reported by Platts on January 14, the Steel Mill Economics price spreads were as follows on this link.

“The suite of price spreads focus on China as the key consumer of commodities like iron ore and coking coal needed to make steel,” said Sebastian Lewis, Platts editorial director, China. “Other price spreads reflect steel-making economics in the U.S. and Turkey, which are more scrap-based.”

The suite of price spreads are developed from pre-existing benchmark spot price assessments from Platts and The Steel Index (TSI) and will be published on an end-of-U.S. trading-day basis in SBB Steel Markets Daily, on Platts Metals Alert, via Platts Market Data-Metals and in other publications. Details of the methodology used to produce the spreads may be found at this link.

Platts’ metals markets coverage spans more than 40 years, following the tradition of its parent, The McGraw-Hill Companies, which has reported on metals for some 80 years. Platts expanded its offering of metals products and services in July 2011 with the acquisition of The Steel Business Briefing Group and its specialist pricing unit The Steel Index.

About Platts
Founded in 1909, Platts ( is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for those markets. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in 150 countries benefit from Platts’ coverage of the oil, petrochemicals, natural gas, electricity, coal, nuclear power, shipping, and metals markets. A division of The McGraw-Hill Companies, Platts has approximately 900 employees in more than 15 offices worldwide.

About The McGraw-Hill Companies
The McGraw-Hill Companies (, a financial intelligence and education company, signed an agreement to sell its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC in November 2012. Following the sale closing, expected in early 2013, the Company will be renamed McGraw Hill Financial (subject to shareholder approval) and will be a powerhouse in benchmarks, content and analytics for the global capital and commodity markets. The Company's leading brands will include: Standard & Poor's, S&P Capital IQ, S&P Dow Jones Indices, Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Company will have approximately 17,000 employees in more than 30 countries.

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: The McGraw-Hill Companies, Inc.


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!

Platts Introduces Suite of Price Spreads to Explain Steel Mill Economics

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Kathleen Tanzy - 
212-904-2860 kathleen_tanzy[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any The McGraw-Hill Companies, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From The McGraw-Hill Companies, Inc. / Company Profile

Read Energy Most Recent Related Newswires:

Tiscali and Enel Open Fiber Bring Fiber to the Home Ultra-broadband Innovation to Cagliari
Invenergy Announces Proposal for Long Island’s Largest Renewable Energy Project
Enel Open Fiber and City of Cagliari Join Forces for Digitalisation
GE Expands Uninterruptible Power Supply Portfolio with New Flywheel UPS Solution
GE Leverages its Local Expertise to Provide Proven Solutions to Leading Wind Turbine OEM XEMC Windpower in China
ENGIE Signs A First Memorandum of Understanding with CMA CGM
Thassalia - Inauguration of France's First Marine Geothermal Power Station
SKF and GE Oil & Gas Sign Collaboration Agreement to Develop Use of Active Magnetic Bearing Applications
Enel Starts Construction of New 300 MW Wind Project in the United States
GE Renewable Energy to Supply New Generators to Mottec Hydropower Plant in Switzerland
Spirit AeroSystems Selects GE to Accelerate its Digital Transformation
ENGIE Acquires SIRADEL - The Leading High-tech Player in 3D Modelling and A Supplier of Innovative Urban Solutions
NEC Energy Solutions to Supply Sterling, MA with the Largest Battery Grid Energy Storage Installation in New England
GE Plans to Capture More Wind with $1.65B Acquisition of LM Wind Power - A Global Designer and Manufacturer of Wind Turbine Blades
Metso Recognized by Freeport-McMoRan as Long-term Strategic Partner

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business



Visit  La Bella Bakery Artisan Bakery Arizona

  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (