S&P Global changes name, specifications of Platts TSI Wire Rod Price Change Index North Europe

S&P Global Commodity Insights has changed the name and location of the Platts monthly TSI Wire Rod Price Change Index North Europe, effective April 1, following market feedback.

S&P Global has changed the index name to European Industrial Fasteners Institute Wire Rod Change Index and the location to Europe from North Europe.

The changes were first proposed Jan. 10 in the following subscriber note: https://www.spglobal.com/commodity-insights/en/our-methodology/subscriber-notes/011022-platts-to-change-name-and-specifications-of-tsi-wire-rod-price-change-index-north-europe

Following the consultation period, the decision to implement the changes was published in the following subscriber note March 4: https://www.spglobal.com/commodity-insights/en/our-methodology/subscriber-notes/030422-s-p-global-commodity-insights-to-change-name-and-specifications-of-platts-tsi-wire-rod-price-change-index-north-europe

The index data is currently provided by German fastener association Deutscher Schraubenverband e.V. and, effective April 1, S&P Global considers data including, but not limited to the German association's contributions.

The index captures the average change in prices paid for the material month on month.

The index has the associated data code TS01032, is published on a monthly basis and can be found in the Platts price database.

Please send questions and comments to ferrous_emea@spglobal.com or pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing.

S&P Global will consider all comments received and will make comments not marked as confidential available upon request.