Platts launches European high-carbon ferromanganese assessment

S&P Global Platts has launched a new bulk ferroalloy assessment in Europe to complement its existing coverage, effective on Aug. 4.

The new price reflects high-carbon ferromanganese in minimum four truckload parcels, delivered to customers in Northwest 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 assessment follows 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:

The assessments are published on Platts Metals Alert pages 9066, 383 and 664, Metals Daily, Metals Daily London/LME Close, Steel Business Briefing Daily and Metals weekly. Monthly averages will be published in the Metals weekly monthly supplement.

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.