Platts implements changes to European cobalt coverage

S&P Global Platts has changed specifications of Cobalt 99.8% Europe assessment to reflect volumes of max 100 mt and include broken cathodes, briquettes and cut cathodes, effective June 15, aligning it with the prevailing market practice.

The assessment is now published on a daily basis and follows Platts London Calendar.

As part of the change, Platts has also launched weekly, monthly and annual averages for this assessment.

Platts published the decision on May 11 and a relevant subscriber note can be found here: www.spglobal.com

The affected assessments are published in Metals Daily and Metals Week Supplements, on the Platts real-time Alert fixed pages:

Daily Cobalt prices - PMA0375, MTL0375,

Metals Weekly averages: Nickel, Cobalt - PMA0682, MTL0682,

Metals Monthly averages: Ferroalloys - PMA0664, MTL0664, STL0664

and in the Platts price database and Platts Market Center under the following codes:

Description Code

Cobalt 99.8% European MMAIK00

Cobalt 99.8% European WAvg MMAIK04

Cobalt 99.8% European MAvg MMAIK03

Cobalt 99.8% European YAvg MMAIK16

Please submit any feedback, comments or questions about these proposals to emeametalsteam@spglobal.com and pricegroup@spglobal.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.