Platts to launch a European high-carbon ferromanganese assessment

S&P Global Platts will launch a new Bulk Ferroalloy assessment in Europe to complement its existing coverage. The new price will reflect the European high-carbon ferromanganese market.

The new assessment reflects the demand from market participants for Platts to cover this well-established market and will commence on August 4. The new price will reflect high-carbon ferromanganese in minimum four truckload parcels, delivered to customers in North West Europe within four weeks on net-30 day payment terms.

The assessment will be published every Wednesday, in line with the publication day of all Platts' Bulk Ferroalloy assessments.

The new assessments will follow Platts' Market On Close methodology principles, which are described here https://www.spglobal.com/platts/plattscontent/_assets/_files/en/our-methodology/methodology-specifications/platts-assessments-methodology-guide.pdf.

The table below illustrates the specifications of the new assessment, formulated following extensive market feedback.

Please address any questions or comments 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.