Platts to revise NWE Ferrochrome Low-Carbon specifications for silicon, sulfur, phosphorus content

Following market feedback, Platts, part of S&P Global Commodity Insights, is to revise product specifications for its weekly Ferrochrome Low-Carbon 0.10% DDP NWE assessment, under the symbol code MMAIL00, to introduce silicon content and to amend sulfur and phosphorus content, effective Feb. 1, 2023.

The revised silicon, sulfur and phosphorus specifications are as follows:

Platts will additionally reflect the following specifications for silicon, sulfur and phosphorus content in its new Ferrochrome Low-Carbon 0.10% C, 60-64.99% Cr DDP NWE assessment due to launch Feb. 1, 2023:

The specifications outlined above were first proposed Dec. 16 in a subscriber note available here:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/121622-platts-proposes-to-revise-nwe-ferrochrome-low-carbon-specifications-for-silicon-sulfur-phosphorus-content

The proposal followed further feedback received in response to wider changes taking effect in February 2023.

Under these changes, announced in November 2022, Platts is revising its DDP NWE Ferrochrome Low-Carbon 0.10% coverage to reflect 60-64.99% chrome content through the introduction of a new assessment and premium 65-70% chrome content through changes to the existing assessment.

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

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.