Platts amends European aluminum alloy volume specification

Platts, part of S&P Global Commodity Insights, has updated the volume specification for its weekly aluminum alloy 226 DDP Germany and 231 DDP German assessments to a minimum of one truckload quantity, from its current volume of one full truckload, effective Sept. 8.

Platts has observed that the standard traded volume may be larger than a single truckload, and the change aims to better reflect typical market practice. Under this change, volumes above one truckload will be considered for the assessment and may be normalized to the minimum specification.

The change was initially proposed on July 24:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/072423-platts-proposes-to-amend-european-aluminum-alloy-volume-specifications

The decision to implement the proposed change was published on Aug. 9:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/080923-platts-to-amend-european-aluminum-alloy-volume-specification

The revised volume specification affects the following assessments:

Platts is additionally updating its non-ferrous metals specifications guide to clarify the underlying standard for European secondary aluminum alloys quality specifications. The 226 alloy is produced in conformity with GBD-AlSi9Cu3 as described in DIN standard 1676 (2020) while the 231 alloy conforms to AlSi12(Cu) as described in DIN 1676.

Full specifications can be found at the following link:

https://www.spglobal.com/commodityinsights/PlattsContent/_assets/_files/en/our-methodology/methodology-specifications/global_nonferrous.pdf

The assessments are published in Platts Metals Daily, on pages PMA/MTL4310 on Platts Metals Alert and Platts Non Ferrous Metals Alert, in the Platts Market Center, Platts Dimensions Pro and in the Platts price database under the codes listed above.

Please send comments and questions to EMEAMetalsTeam@spglobal.com and pricegroup@spglobal.com.

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