Platts to lower minimum quantity specifications for European ferroalloy assessments

Platts, part of S&P Global Energy, will lower the minimum quantity specifications reflected in European ferroalloy assessments, effective Nov. 2, 2026.

This means that the volume specifications for a number of European ferroalloy assessments would reflect a lower minimum threshold, reflective of current trading dynamics observed in the European ferroalloy spot market.

This follows market feedback and observations that spot liquidity in the European ferroalloys market has evolved in recent years, with a growing proportion of transactions concluded at volumes below the thresholds currently reflected in Platts methodologies.

Platts will revise the quantity specifications as follows:

Assessment	Code	Current Quantity	Proposed Quantity
Ferrosilicon 75% Std DDP NWE	AAIUR00	200-800 mt	Minimum 50 mt
Silicomanganese 65% Mn DDP NWE	AAITQ00	300-1,000 mt	Minimum 50 mt
Ferromanganese 76% Mn DDP NWE	AFERA04	Minimum four truckloads	Minimum 50 mt
Ferrochrome 65% Cr High Carbon DDP NWE	MMAIQ00	200-500 mt	Minimum 50 mt
Charge Chrome 52% DDP NWE	MMAIP00	200-500 mt	Minimum 100 mt

The proposed changes would not impact Platts' Ferrochrome 60-64.99% Low-Carbon and Ferrochrome 65-70% Low-Carbon volume specifications.

Platts was also seeking market feedback on whether the current standard volume, physical/chemical specifications, and units of measure reflected in its European ferroalloy assessments remain representative of material commonly traded in the European spot market. However, market feedback was inconclusive for Platts to pursue any further change in its European ferroalloy assessment specifications and unit of measure at this time.

Please send any feedback, comments, and questions related to this change to EMEAMetalsTeam@spglobal.com and pricegroup@spglobal.com.

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.