Metals & Mining Theme, Ferrous, Non-Ferrous
November 14, 2025
Platts proposes European ferromanganese, ferrochrome DDP assessments to include CBAM costs
Platts proposes that its European delivered duty-paid (DDP) ferromanganese and delivered duty-paid ferrochrome assessments will include the costs associated with the EU's Carbon Border Adjustment Mechanism (CBAM) from January 2026.
In practice, this would mean that the assessments remain inclusive of import duties and would additionally include any costs associated with CBAM regulation.
CBAM requires importers of ferromanganese and ferrochrome into the EU to purchase CBAM certificates for any imports from Jan. 1, 2026.
The proposal for Platts European ferromanganese and ferrochrome assessments to be inclusive of CBAM costs follows initial market feedback that CBAM costs will be passed on to end-consumers, paying their material DDP, delivered to the plant.
The assessments that would be impacted by this proposal are:
| Assessment | Weekly Assessment Code |
| Ferromanganese duty-paid delivered Northwestern Europe (Eur/mt) | AFERA04 |
| Charge Chrome 52% DDP NWE (cents/lb Cr) | MMAIP00 |
| Ferrochrome 65% 6-8% High-carbon DDP NWE (cents/lb Cr) | MMAIQ00 |
| Ferrochrome 65-70% Low-carbon 0.10% DDP NWE (cents/lb Cr) | MMAIL00 |
| Ferrochrome 60-64.99% Low-carbon 0.10% DDP NWE (cents/lb Cr) | FLCDA00 |
Associated monthly and yearly averages would also be affected.
The assessments are published in the Platts database, Metals Daily, Metals Week, and Steel Markets Daily.
Platts invites feedback, comments, and questions on this proposal to EMEAMetalsTeam@spglobal.com and pricegroup@spglobal.com by Nov. 28, 2025.
For written comments, please provide a clear indication if the 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.