Platts European ferromanganese, ferrochrome DDP assessments have started including CBAM costs

Platts, part of S&P Global Energy, clarifies that its European delivered duty-paid (DDP) ferromanganese and delivered duty-paid ferrochrome assessments have started including the costs associated with the EU's Carbon Border Adjustment Mechanism (CBAM), from Jan. 2, 2026.

This means that the assessments remain inclusive of import duties and will additionally include any costs associated with CBAM regulation. Market information for different locations and Incoterms may be considered in the assessments after normalization, as per Platts methodology.

CBAM requires importers of ferromanganese and ferrochrome into the EU to purchase CBAM certificates for any imports from Jan. 1, 2026.

Platts first proposed its European delivered duty-paid (DDP) ferromanganese and delivered duty-paid ferrochrome assessments to include the costs associated with the EU's CBAM in a subscriber note published Nov. 14, 2025, available here, and communicated its decision in a Dec. 8 subscriber note, available here.

The impacted assessments are as follows:

Associated monthly and yearly averages are also affected as a result of this change.

The assessments are published in the Platts database, Metals Daily, Metals Week and Steel Markets Daily, and fixed pages MTL0664, PMA0664 and STL0664.

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

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