Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys - S&P Global
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Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys Latest update: September 2021 Definitions of the trading locations for which Platts publishes indexes or assessments 2 Carbon steel 3 Stainless steel 14 Raw materials 16 Derivatives 25 Steel Mill Economics/ Low-Carbon Spreads 26 Glossary 29 Revision history 30 www.spglobal.com/platts
Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021 DEFINITIONS OF THE TRADING LOCATIONS FOR WHICH PLATTS PUBLISHES INDEXES OR ASSESSMENTS The following specifications guide contains the primary specifications for Platts Steel, Ferrous Scrap, Ferroalloys and Noble Alloys assessments throughout the world. All the assessments listed here employ Platts Assessments Methodology, as published at https://www.spglobal.com/platts/plattscontent/_assets/_files/en/our-methodology/methodology-specifications/platts-assessments-meth- odology-guide.pdf. All indices adhere to the index methodology guide as published at https://www.spglobal.com/platts/plattscontent/_assets/_files/en/our-methodology/methodology-specifications/ tsi-coking-coal-index-methodology.pdf These guides are designed to give S&P Global Platts subscribers as much information as possible about a wide range of methodology and specification questions. This guide is current at the time of publication. Platts may issue further updates and enhancements to this guide and will announce these to subscribers through its usual publications of record. Such updates will be included in the next version of this guide. Platts editorial staff and managers are available to provide guidance when assessment issues require clarification. Platts steel, ferrous scrap, ferroalloys and noble alloys price assessments are timestamped; the time and location are noted below unless otherwise stated: Asia: Singapore/Beijing 5:30 pm US: Pittsburgh 3:30 pm (steel), Washington 4:30 pm (alloys) Latin America: Sao Paulo 4:30 pm Europe: London 4:30 pm © 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 2
Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
Carbon steel
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
HOT-ROLLED COIL
EMEA
European Norm EN10025- Shipment Prompt payment on
HRC EXW Ruhr STHRE00 STHRE03 STHRF00 Assessment Daily 1204 Min 100 mt W 1200-1500 mm, T 2.5-8 mm EXW Ruhr Eur/mt
2:2004. Grade S235JR 4-10 weeks delivery
European Norm EN10025- Shipment Prompt payment on
HRC EXW Ruhr STHRM00 STHRM03 STHSF00 Calculation Daily -- Min 100 mt W 1200-1500 mm, T 2.5-8 mm EXW Ruhr $/mt
2:2004. Grade S235JR 4-10 weeks delivery
European Norm EN10025- Shipment Prompt payment on
HRC EXW Ruhr STHRD00 STHRD03 Calculation Daily -- Min 100 mt W 1200-1500 mm, T 2.5-8 mm EXW Ruhr $/st
2:2004. Grade S235JR 4-10 weeks delivery
European Norm EN10025- Shipment Prompt payment on
HRC EXW Ruhr STHRH00 STHRH03 Calculation Daily -- Min 100 mt W 1200-1500 mm, T 2.5-8 mm EXW Ruhr $/CWt
2:2004. Grade S235JR 4-10 weeks delivery
West
European Norm EN10025- Delivery 2 -12
HRC DDP West Midlands, UK STHWM04 STHWM03 Assessment Friday 1263 100-1,000 mtW 1000-1830 mm, T 3-12.5 mm DDP Midlands, At sight GBP/mt
2.2004 Grade S275JR weeks
UK
European Norm EN10025- Delivery 6-12
HRC CIF Antwerp STHRA00 STHRA03 Assessment Daily 1200 500-5,000 mtW 1200-1500 mm, T 2-15 mm CIF Antwerp At sight Eur/mt
2:2004. Grade S235JR weeks
European Norm EN10025- Delivery 6-12
HRC CIF Antwerp STHAM00 STHAM03 Calculation Daily -- 500-5,000 mtW 1200-1500 mm, T 2-15 mm CIF Antwerp At sight $/mt
2:2004. Grade S235JR weeks
European Norm EN10025- Delivery 6-12
HRC CIF Antwerp STHAD00 STHAD03 Calculation Daily -- 500-5,000 mtW 1200-1500 mm, T 2-15 mm CIF Antwerp At sight $/st
2:2004. Grade S235JR weeks
European Norm EN10025- Delivery 6-12
HRC CIF Antwerp STHAH00 STHAH03 Calculation Daily -- 500-5,000 mtW 1200-1500 mm, T 2-15 mm CIF Antwerp At sight $/CWt
2:2004. Grade S235JR weeks
European Norm EN10025- Shipment 4-8 Prompt payment on
HRC EXW Italy SB01152 TSMAP03 SB01264 Assessment Daily 1200 Min 100 mt W 1200-1500 mm, T 2.5-8 mm EXW Italy Eur/mt
2:2004. Grade S235JR weeks delivery
European Norm EN10025- South Delivery 6-12
HRC CIF S. Europe Import SB01143 Assessment Monthly -- Min 500 mt W 1200-1500 mm, T 2-15 mm CIF At sight Eur/mt
2:2004. Grade S235JR Europe weeks
European Norm EN10025- 2,000-3,000 Loading 6-8
HRC FOB Black Sea STHRB00 STHRB03 STHRB04 Assessment Wednesday 1210 W 1200-1500 mm, T 2-15 mm FOB Black Sea At sight $/mt
2:2004. Grade S235JR mt weeks
European Norm EN10025- 2,000-3,000 Loading 6-8
HRC FOB Black Sea STHBE00 STHBE03 Calculation Wednesday -- W 1200-1500 mm, T 2-15 mm FOB Black Sea At sight Eur/mt
2:2004. Grade S235JR mt weeks
European Norm EN10025- 2,000-3,000 Loading 6-8
HRC FOB Black Sea STHBD00 STHBD03 Calculation Wednesday -- W 1200-1500 mm, T 2-15 mm FOB Black Sea At sight $/st
2:2004. Grade S235JR mt weeks
European Norm EN10025- 2,000-3,000 Loading 6-8
HRC FOB Black Sea STHBH00 STHBH03 Calculation Wednesday -- W 1200-1500 mm, T 2-15 mm FOB Black Sea At sight $/CWt
2:2004. Grade S235JR mt weeks
HRC FOB Russia Black Sea European Norm EN10025- 2,000-3,000 Russia Loading 6-8
SB01151 Assessment Monthly 1201 W 1200-1500 mm, T 2-15 mm FOB At sight $/mt
Export 2:2004. Grade S235JR mt Black Sea weeks
W 1200-1300 mm, T 2-4 mm, Wt Shipment 3-5 Prompt payment on
HRC CPT Moscow AAXJI00 AAXJI03 Assessment Wednesday 1263 Russian grade St3sp/St3ps 100 mt CPT Moscow Ruble/mt
5-8 mt/coil weeks delivery
W 1200-1300 mm, T 2-4 mm, Wt Shipment 3-5 Prompt payment on
HRC CPT Moscow AAXJL00 AAXJL03 Calculation Wednesday -- Russian grade St3sp/St3ps 100 mt CPT Moscow $/mt
5-8 mt/coil weeks delivery
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 3Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
European Norm EN10025- Shipment 2-6 Prompt payment on
HRC EXW Turkey SB01154 TSMAQ03 Assessment Friday 1263 Min 100 mt W 1200-1500 mm, T 2-8 mm EXW Turkey $/mt
2:2004. Grade S235JR weeks delivery
European Norm EN10025- Loading 8-10
HRC FOB Turkey Export SB01155 Assessment Friday 1263 500 mt W 1200-1500 mm, T 2-15 mm FOB Turkey At sight $/mt
2:2004. Grade S235JR weeks
European Norm EN10025- Delivery 6-8 Prompt payment on
HRC CFR Turkey Import SB01156 Assessment Monthly -- 500 mt W 1200-1500 mm, T 2-15 mm CFR Turkey $/mt
2:2004. Grade S235JR weeks delivery
Americas
ASTM A 1011-06a Shipment 3-8 Net 30 days after
TSI HRC US EXW Indiana STHRI00 STHRI03 Index Daily -- Min 100 st W 48-72", T 0.083-0.37" EXW Indiana $/st
Commercial Type B weeks delivery
ASTM A 1011-06a Shipment 3-8 Net 30 days after
TSI HRC US EXW Indiana TS01018 TSMAR03 Calculation Daily 1205 Min 100 st W 48-72", T 0.083-0.37" EXW Indiana $/st
Commercial Type B weeks delivery
ASTM A 1011-06a Shipment 3-8 Net 30 days after
TSI HRC US EXW Indiana STHIM00 STHIM03 Calculation Daily -- Min 100 st W 48-72", T 0.083-0.37" EXW Indiana $/mt
Commercial Type B weeks delivery
ASTM A 1011-06a Shipment 3-8 Net 30 days after
TSI HRC US EXW Indiana STHIH00 STHIH03 Calculation Daily -- Min 100 st W 48-72", T 0.083-0.37" EXW Indiana $/CWt
Commercial Type B weeks delivery
ASTM A 1011-06a Shipment 3-8 Net 30 days after
TSI HRC US EXW Indiana STHIE00 STHIE03 Calculation Daily -- Min 100 st W 48-72", T 0.083-0.37" EXW Indiana Eur/mt
Commercial Type B weeks delivery
ASTM A 1011-06a Delivery 8-14 Net 30 days after
HRC DDP Houston STHRG00 STHRG03 Assessment Daily 1205 1000-2000 st W 48-72", T 0.083-0.37" DDP Houston $/st
Commercial Type B weeks delivery
ASTM A 1011-06a Delivery 8-14 Net 30 days after
HRC DDP Houston STHGM00 STHGM03 Calculation Daily -- 1000-2000 st W 48-72", T 0.083-0.37" DDP Houston $/mt
Commercial Type B weeks delivery
ASTM A 1011-06a Delivery 8-14 Net 30 days after
HRC DDP Houston STHGH00 STHGH03 Calculation Daily -- 1000-2000 st W 48-72", T 0.083-0.37" DDP Houston $/CWt
Commercial Type B weeks delivery
ASTM A 1011-06a Delivery 8-14 Net 30 days after
HRC DDP Houston STHGE00 STHGE03 Calculation Daily -- 1000-2000 st W 48-72", T 0.083-0.37" DDP Houston Eur/mt
Commercial Type B weeks delivery
HRC EXW Brazil Domestic 1000-2000 Southeast Shipment 3-6 Net 30 days after
SB01138 Assessment Friday -- ASTM A36 W 1080-1128 mm, T 2-3 mm EXW Real/mt
Production mt Brazil weeks delivery
HRC EXW Brazil Domestic 1000-2000 Southeast Shipment 3-6 Net 30 days after
STHRC04 Calculation Friday -- ASTM A36 W 1080-1128 mm, T 2-3 mm EXW $/mt
Production mt Brazil weeks delivery
HRC Brazil Export FOB ASTM A 1011-06a 1000-2000 Brazilian Shipment 4-8
SB01139 Assessment Monthly -- W 1200-1300 mm, T 2-4 mm FOB At sight $/mt
Brazilian Port Commercial Type B mt ports weeks
Monterrey,
HRC Mexico Dom Prod 500-2,000 Delivery 4-8 Net 30 days after
SB01503 Assessment Weekly -- SAE 1006-1008 48 inches, caliber 11-14 Delivered Northeast MXN/mt
Delivered mt weeks delivery
Mexico
Monterrey,
HRC Mexico Dom Prod 500-2,000 Delivery 4-8 Net 30 days after
SB01145 Calculation Weekly -- SAE 1006-1008 48 inches, caliber 11-14 Delivered Northeast $/mt
Delivered mt weeks delivery
Mexico
Asia
Tianjin, Shipment 4-8
HRC FOB China SAE1006 STHSA00 STHSA03 Assessment Daily 1198 SAE1006 5000 mt W 1200-1500 mm, T 2 mm FOB At sight $/mt
China weeks
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 4Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
HRC FOB China SAE1006 SAE1006, expressed as Tianjin, Shipment 4-8
STHRY00 STHRY03 Assessment Daily 1198 5000 mt W 1200-1500 mm, T 2 mm FOB At sight $/mt
Premium premium to SS400 China weeks
SS400 or equivalent GB/
Tianjin, Shipment 4-8
HRC FOB China SS400 STHRZ02 STHRZ03 Assessment Daily 1198 T912 grade Q235 in Chinese 5000 mt W 1200-1500 mm, T 3 mm FOB At sight $/mt
China weeks
domestic market
Ho Chi
HRC CFR Southeast Asia Shipment
SB01142 Assessment Daily 1198 SS400 Min 3000 mt W 1200-1500 mm, T 3 mm CFR Minh City, At sight $/mt
SS400 8-12 weeks
Vietnam
W 1200-1500 mm; T 2 mm for Ho Chi
HRC CFR Southeast Asia Shipment 4-8
TS01041 TSMBO03 TSMBZ03 Assessment Daily 1198 SAE1006 or equivalent 5,000 mt 30% of cargo with remainder upCFR Minh City, At sight $/mt
SAE1006 weeks
to 3 mm Vietnam
HRC Ex-stock Shanghai VAT- Delivery up to
SB01260 Assessment Daily 1198 Q235 50-500 mt W 1250 mm, T 5.5 mm Ex-stock Shanghai Cash before delivery Yuan/mt
inclusive 1 week
HRC Ex-stock Shanghai VAT- Delivery up to
SB01360 Calculation Daily -- Q235 50-500 mt W 1250 mm, T 5.5 mm Ex-stock Shanghai Cash before delivery $/mt
inclusive 1 week
HRC India Domestic Delivered Delivery 2-21 Rupees/
TS01046 TSMBT03 Assessment Wednesday -- IS2062 E250A or equivalent 100-1,000 mt W 1250-1500 mm; T 2.5-10 mm Delivered Mumbai Cash on delivery
Mumbai days mt
Delivery
HRC Japan Domestic (Tokyo Third party Base price equivalent to
SB01153 Monthly -- -- W 900-1630 mm; T 1.7-22.0 mmFOT Japan within current Net Yen/mt
Steel) data SPHC
month
COLD-ROLLED COIL
EMEA
European Norm Shipment Prompt payment on
CRC EXW Ruhr STRRE00 STRRE03 STRRE04 Assessment Daily 1233 Min 100 mt W 1000-1250 mm, T 0.7-2.5 mmEXW Ruhr Eur/mt
EN10131:2006. Grade: DC01 4-10 weeks delivery
European Norm Shipment Prompt payment on
CRC EXW Ruhr STRRM00 STRRM03 STRRM04 Calculation Daily -- Min 100 mt W 1000-1250 mm, T 0.7-2.5 mmEXW Ruhr $/mt
EN10131:2006. Grade: DC01 4-10 weeks delivery
European Norm Shipment Prompt payment on
CRC EXW Ruhr STRRD00 STRRD03 STRRD04 Calculation Daily -- Min 100 mt W 1000-1250 mm, T 0.7-2.5 mmEXW Ruhr $/st
EN10131:2006. Grade: DC01 4-10 weeks delivery
European Norm Shipment Prompt payment on
CRC EXW Ruhr STRRH00 STRRH03 STRRH04 Calculation Daily -- Min 100 mt W 1000-1250 mm, T 0.7-2.5 mmEXW Ruhr $/CWt
EN10131:2006. Grade: DC01 4-10 weeks delivery
European Norm Delivery 6-12
CRC CIF Antwerp STRRA00 STRRA03 STRRA04 Assessment Daily 1233 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmCIF Antwerp At sight Eur/mt
EN10131:2006. Grade: DC01 weeks
European Norm Delivery 6-12
CRC CIF Antwerp STRAM00 STRAM03 STRAM04 Calculation Daily -- 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmCIF Antwerp At sight $/mt
EN10131:2006. Grade: DC01 weeks
European Norm Delivery 6-12
CRC CIF Antwerp STRAD00 STRAD03 STRAD04 Calculation Daily -- 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmCIF Antwerp At sight $/st
EN10131:2006. Grade: DC01 weeks
European Norm Delivery 6-12
CRC CIF Antwerp STRAH00 STRAH03 STRAH04 Calculation Daily NA 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmCIF Antwerp At sight $/CWt
EN10131:2006. Grade: DC01 weeks
European Norm Ship[ment 4-8 Prompt payment on
CRC EXW Italy SB01091 TSMAC03 Assessment Wednesday 1263 Min 100 mt W 1000-1250 mm, T 0.7-2.5 mmEXW Italy Eur/mt
EN10131:2006. Grade: DC01 weeks delivery
European Norm South Delivery 6-12
CRC CIF S. Europe Import SB01085 Assessment Monthly -- Min 500 mt W 1000-1250 mm, T 3-4 mm CIF At sight Eur/mt
EN10131:2006. Grade: DC01 Europe weeks
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 5Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
European Norm Loading 6-8
CRC FOB Black Sea STRRB00 STRRB03 STRRB04 Assessment Wednesday 1210 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmFOB Black Sea At sight $/mt
EN10131:2006. Grade: DC01 weeks
European Norm Loading 6-8
CRC FOB Black Sea STRBD00 STRBD03 STRBD04 Calculation Wednesday -- 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmFOB Black Sea At sight $/st
EN10131:2006. Grade: DC01 weeks
European Norm Loading 6-8
CRC FOB Black Sea STRBE00 STRBE03 STRBE04 Calculation Wednesday -- 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmFOB Black Sea At sight Eur/mt
EN10131:2006. Grade: DC01 weeks
European Norm Loading 6-8
CRC FOB Black Sea STRBH00 STRBH03 STRBH04 Calculation Wednesday -- 500-5000 mt W 1000-1250 mm, T 0.7-3.0 mmFOB Black Sea At sight $/CWt
EN10131:2006. Grade: DC01 weeks
CRC FOB Russia Black Sea European Norm Russia Loading 6-8
SB01090 Assessment Monthly 1201 Min 500 mt W 1000-1250 mm, T 0.7-3.0 mmFOB At sight $/mt
Export EN10131:2006. Grade: DC01 Black Sea weeks
European Norm Shipment 2-6 Prompt payment on
CRC EXW Turkey SB01092 TSMAD03 Assessment Friday -- Min 100 mt W 1000-1250 mm, T 3-4 mm EXW Turkey $/mt
EN10131:2006. Grade: DC01 weeks delivery
European Norm Delivery 6-8
CRC CFR Turkey Import SB01093 Assessment Monthly -- 500 mt W 1000-1250 mm, T 3-4 mm CIF Turkey At sight $/mt
EN10131:2006. Grade: DC01 weeks
Americas
Shipment Net 30 days after
CRC US EXW Indiana STRRI00 STRRI03 STRRI04 Index Daily -- AISI grades C1005 to C1008 Min 100 st W 48-72", T 0.0272-0.1000" EXW Indiana $/st
4-12 weeks delivery
Shipment Net 30 days after
CRC US EXW Indiana TS01005 TSMAE03 Calculation Daily 1228 AISI grades C1005 to C1008 Min 100 st W 48-72", T 0.0272-0.1000" EXW Indiana $/st
4-12 weeks delivery
Shipment Net 30 days after
CRC US EXW Indiana STRIM00 STRIM03 STRIM04 Calculation Daily -- AISI grades C1005 to C1008 Min 100 st W 48-72", T 0.0272-0.1000" EXW Indiana $/mt
4-12 weeks delivery
Shipment Net 30 days after
CRC US EXW Indiana STRIH00 STRIH03 STRIH04 Calculation Daily -- AISI grades C1005 to C1008 Min 100 st W 48-72", T 0.0272-0.1000" EXW Indiana $/CWt
4-12 weeks delivery
Shipment Net 30 days after
CRC US EXW Indiana STRIE00 STRIE03 STRIE04 Calculation Daily -- AISI grades C1005 to C1008 Min 100 st W 48-72", T 0.0272-0.1000" EXW Indiana Eur/mt
4-12 weeks delivery
Delivery 10-16 Net 30 days after
CRC DDP Houston STRRG00 STRRG03 STRRG04 Assessment Daily 1228 AISI grades C1005 to C1008 1000 st W 48-72", T 0.0272-0.1000" DDP Houston $/st
weeks delivery
Delivery 10-16 Net 30 days after
CRC DDP Houston STRGM00 STRGM03 STRGM04 Calculation Daily -- AISI grades C1005 to C1008 1000 st W 48-72", T 0.0272-0.1000" DDP Houston $/mt
weeks delivery
Delivery 10-16 Net 30 days after
CRC DDP Houston STRGH00 STRGH03 STRGH04 Calculation Daily -- AISI grades C1005 to C1008 1000 st W 48-72", T 0.0272-0.1000" DDP Houston $/CWt
weeks delivery
Delivery 10-16 Net 30 days after
CRC DDP Houston STRGE00 STRGE03 STRGE04 Calculation Daily -- AISI grades C1005 to C1008 1000 st W 48-72", T 0.0272-0.1000" DDP Houston Eur/mt
weeks delivery
CRC EXW Brazil Domestic 1000-2000 Southeast Shipment 3-6 Net 30 days after
SB01080 SBCRC03 Assessment Friday -- NBR 6658 W 1000-1300 mm, T 0.8-1.5 mmEXW Real/mt
Production mt Brazil weeks delivery
CRC Brazil Export FOB 1000-3000 Brazilian Shipment 4-8
SB01081 Assessment Monthly -- NBR 6658 W 1000-1300 mm, T 0.8-1.5 mmFOB At sight $/mt
Brazilian Port mt ports weeks
Monterrey,
CRC Mexico Dom Prod Delivery 4-8 Net 30 days after
SB01403 Assessment Weekly -- SAE 1006-1008 500-2,000 mt 36-48 inches, caliber 18-24 Delivered Northeast MXN/mt
Delivered weeks delivery
Mexico
Monterrey,
CRC Mexico Dom Prod Delivery 4-8 Net 30 days after
SB01086 Calculation Weekly -- SAE 1006-1008 500-2,000 mt 36-48 inches, caliber 18-24 Delivered Northeast $/mt
Delivered weeks delivery
Mexico
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 6Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
Asia
CRC Ex-stock Shanghai VAT- Delivery up to
SB01082 Assessment Tuesday 1215 SPCC 50-500 mt W 1250 mm, T 1 mm Ex-stock Shanghai Cash before delivery Yuan/mt
inclusive 1 week
Shipment up
CRC China Export FOB ShanghaiSB01083 Assessment Tuesday 1215 SPCC Min 2000 mt W 1250 mm, T 1 mm FOB Shanghai At sight $/mt
to 12 weeks
Shipment
CRC CFR E Asia Import SB01084 Assessment Monthly -- JIS G 3141, SPCC annealed Min 1000 mt W 900-1250 mm, T 1 mm base CFR East Asia At sight $/mt
8-12 weeks
COATED
EMEA
Shipment Prompt payment on
HDG N Europe EXW Ruhr SB01125 TSMAG03 Assessment Wednesday -- DX51D Min 100 mt T above 1 mm EXW Ruhr Eur/mt
4-10 weeks delivery from mill
Shipment 4-8 Prompt payment on
HDG EXW Italy SB01126 TSMAH03 Assessment Wednesday -- DX51D Min 100 mt T above 1 mm EXW Italy Eur/mt
weeks delivery from mill
Shipment 2-6 Prompt payment on
HDG Turkey EXW SB01127 TSMAI03 Assessment Friday 1263 DX51D + Z70 Min 100 mt T below 1 mm EXW Turkey $/mt
weeks delivery from mill
Americas
HDG Brazil Domestic 1000-2000 Southeast Shipment 3-6 Net 30 days after
SB01117 SBHDG03 Assessment Friday -- ASTM A 653 W 1000-1300 mm, T 0.4-2.0 mmEXW Real/mt
Production Ex-Works mt Brazil weeks delivery
ASTM A 653 CS Type B, hot- Shipment Net 30 days after
HDG-HRC US EXW Indiana MWAHDGA00 AHDGA03 Index Daily -- Min 100 st Min T of 0.056" W: 48"-72" EXW Midwest $/st
rolled subtstrate 4-12 weeks delivery
ASTM A 653 CS Type B, cold- Min T of 0.028" up to 0.086" W: Shipment Net 30 days after
HDG-CRC US EXW Indiana MW ATSIA00 ATSIA03 Index Daily -- Min 100 st EXW Midwest $/st
rolled substrate 48"-72" 4-12 weeks delivery
HDG US EXW Indiana (incl. ASTM A 653 CS Type B, G90 Shipment Net 30 days after
SB01123 Calculation Daily -- Min 100 st 16 G min (0.06" min) W: 48"-72" EXW Midwest $/st
G90) MW normal spangle 4-12 weeks delivery
HDG US EXW Indiana (incl. ASTM A 653 CS Type B, G90 Shipment Net 30 days after
TS01010 TSMAJ03 Calculation Daily -- Min 100 st 16 G min (0.06" min) W: 48"-72" EXW Midwest $/st
G90) MW normal spangle 4-12 weeks delivery
ASTM A 653 CS Type B, G90 Delivery 12-18 Net 30 days after
HDG DDP Houston SB01124 Assessment Monthly -- 500-1500 st 16 G min (0.06" min) W: 48"-72" DDP Houston $/st
normal spangle weeks delivery
Asia
HDG Ex-stock Shanghai VAT- DX51D or equivalent, with Delivery up to
SB01118 Assessment Monthly 1215 50-500 mt W 1,250mm, T 1mm Ex-stock Shanghai Cash before delivery Yuan/mt
inclusive 80g/sqm of Zn 1 week
HDG China Export FOB DX51D or equivalent, with Shipment up
SB01119 Assessment Monthly 1215 Min 2000 mt W 1,250mm, T 1mm FOB Shanghai At sight $/mt
Shanghai 120g/sqm of Zn to 12 weeks
PLATE
EMEA
T 15-40 mm, W up to 2500 mm, Shipment Net 30 days after
Plate EXW Ruhr STPRE00 STPRE03 Assessment Friday 1243 EN10025 S235 JR Min 100 mt EXW Ruhr Eur/mt
L 12 m 8-12 weeks delivery
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 7Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FLAT
Assessment Code Mavg Wavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
T 15-40 mm, W up to 2500 mm, Shipment Net 30 days after
Plate EXW Ruhr STPRM00 STPRM03 Calculation Friday -- EN10025 S235 JR Min 100 mt EXW Ruhr $/mt
L 12 m 8-12 weeks delivery
T 15-40 mm, W up to 2500 mm, Shipment Net 30 days after
Plate EXW Ruhr STPRD00 STPRD03 Calculation Friday -- EN10025 S235 JR Min 100 mt EXW Ruhr $/st
L 12 m 8-12 weeks delivery
T 15-40 mm, W up to 2500 mm, Shipment Net 30 days after
Plate EXW Ruhr STPRH00 STPRH03 Calculation Friday -- EN10025 S235 JR Min 100 mt EXW Ruhr $/CWt
L 12 m 8-12 weeks delivery
T 15-40 mm, W up to 2500 mm, Shipment Net 30 days after
Plate EXW Italy SB01185 TSMAX03 Assessment Friday 1263 EN10025 S235 JR Min 100 mt EXW Italy Eur/mt
L 12 m 8-12 weeks delivery
T 15-40 mm, W up to 2500 mm, South Delivery 6-12
Plate CIF S Europe Import SB01182 Assessment Monthly -- EN10025 S235 JR 500-5000 mt CIF At sight Eur/mt
L 12 m Europe weeks
Americas
ASTM A36/A36M or Shipment Net 30 days after
Plate Delivered US Midwest STPRI00 STPRI03 STPRI04 Index Daily 1248 Min 20 st W to 96", T 0.375-2", L to 240" Delivered US Midwest $/st
equivalent 4-12 weeks delivery
ASTM A36/A36M or Shipment Net 30 days after
Plate Delivered US Midwest STPIM00 STPIM03 STPIM04 Calculation Daily -- Min 20 st W to 96", T 0.375-2", L to 240" Delivered US Midwest $/mt
equivalent 4-12 weeks delivery
ASTM A36/A36M or Shipment Net 30 days after
Plate Delivered US Midwest STPIE00 STPIE03 STPIE04 Calculation Daily -- Min 20 st W to 96", T 0.375-2", L to 240" Delivered US Midwest Eur/mt
equivalent 4-12 weeks delivery
ASTM A36/A36M or Shipment Net 30 days after
Plate Delivered US Midwest STPIH00 STPIH03 STPIH04 Calculation Daily -- Min 20 st W to 96", T 0.375-2", L to 240" Delivered US Midwest $/CWt
equivalent 4-12 weeks delivery
ASTM A36/A36M or Delivery 8-14 Net 30 days after
Plate DDP Houston STPRG00 STPRG03 STPRG04 Assessment Daily 1248 1000 st W to 96", T 0.375-2", L to 240" DDP Houston $/st
equivalent weeks delivery
ASTM A36/A36M or Delivery 8-14 Net 30 days after
Plate DDP Houston STPGM00 STPGM03 STPGM04 Calculation Daily -- 1000 st W to 96", T 0.375-2", L to 240" DDP Houston $/mt
equivalent weeks delivery
ASTM A36/A36M or Delivery 8-14 Net 30 days after
Plate DDP Houston STPGE00 STPGE03 STPGE04 Calculation Daily -- 1000 st W to 96", T 0.375-2", L to 240" DDP Houston Eur/mt
equivalent weeks delivery
ASTM A36/A36M or Delivery 8-14 Net 30 days after
Plate DDP Houston STPGH00 STPGH03 STPGH04 Calculation Daily -- 1000 st W to 96", T 0.375-2", L to 240" DDP Houston $/CWt
equivalent weeks delivery
Asia
ASTM A36,Q235 or JIS Dangjin, Shipment
Plate CFR East Asia TS01043 TSMBQ03 Assessment Wednesday -- Min 3,000 mt W 1200-2500 mm; T 12-25 mm CFR At sight $/mt
SS400 or EN 235 JR South Korea8-12 weeks
Plate Ex-stock Shanghai VAT- Prompt month
SB01178 Assessment Monthly 1215 Q235 Max 500 mt W 2700-4200 mm, T 12-20 mm Ex-stock Shanghai Cash before delivery Yuan/mt
inclusive delivery
Plate Commercial Grade China Shipment 1-2
SB01180 Assessment Monthly 1215 Q335 Max 500 mt W 2700-4200 mm, T 12-20 mm FOB Shanghai Cash $/mt
Export FOB Shanghai months
Delivery
H-Beam Japan Domestic Third party Base price equivalent to H 100-350 mm, Flange W 100-
SB01115 Monthly -- -- FOT Japan within current Net Yen/mt
(Tokyo Steel) data SS400 350 mm
month
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 8Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
LONG
Assessment Code Mavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
BAR, BEAMS & SECTIONS
EMEA
Medium Sections Europe Dom Prod Delivery 6-8
SB01160 Assessment Wednesday 1263 S235 JR Min 100 mt 80 x 120 mm, L 12 m DDP Europe Payment on delivery Eur/mt
Delivered weeks
Medium Sections Turkey Exp FOB Turkish Loading 6-8
SB01162 Assessment Monthly -- S235 JR Min 100 mt 80 x 120 mm, L 12 m FOB Turkey Payment on delivery $/mt
Port weeks
Merchant Bar Europe Dom Prod Delivery 6-8
SB01166 Assessment Monthly -- S235 JR Min 100 mt 50 x 5 mm, L 6 m DDP Europe Payment on delivery Eur/mt
Delivered weeks
Asia
4"-24" (102 x 102 mm up Port Klang, Shipment 8
H-Beam CFR Southeast Asia SB01114 Assessment Monthly -- EN10025 S275JR min 1,000 mt CFR At sight $/mt
to 610 x 305 mm), L 12 m Malaysia to 12 weeks
REBAR
EMEA
B500B carbon North West Shipment Prompt payment on
Rebar EXW Northwest Europe STCBE00 STCBE03 Assessment Wednesday 1263 Min 100 mt D 12-16 mm, L 12 m EXW Eur/mt
content Europe 4-8 weeks delivery
B500B carbon North West Shipment Prompt payment on
Rebar EXW Northwest Europe STCNM00 STCNM03 Calculation Wednesday 1315 Min 100 mt D 12-16 mm, L 12 m EXW $/mt
content Europe 4-8 weeks delivery
B500B carbon North West Shipment Prompt payment on
Rebar EXW Northwest Europe STCND00 STCND03 Calculation Wednesday 1315 Min 100 mt D 12-16 mm, L 12 m EXW $/st
content Europe 4-8 weeks delivery
B500B carbon North West Shipment Prompt payment on
Rebar EXW Northwest Europe STCNH00 STCNH03 Calculation Wednesday -- Min 100 mt D 12-16 mm, L 12 m EXW $/CWt
content Europe 4-8 weeks delivery
Russian grade St3sp/
Shipment Prompt payment on
Rebar CPT Moscow AAXJG00 AAXJG03 Assessment Wednesday 1315 St3ps and A500/ 100 mt D 12-16 mm, L 11-12 m CPT Moscow Ruble/mt
3-5 weeks delivery
A500C/A400 ductility
Russian grade
St3sp/St3ps and Shipment Prompt payment on
Rebar CPT Moscow AAXJJ00 AAXJJ03 Calculation Wednesday 1315 100 mt D 12-16 mm, L 11-12 m CPT Moscow $/mt
A500/A500C/A400 3-5 weeks delivery
ductility
Loading 6-8
Rebar Black Sea Export FOB SB01193 Assessment Monthly 1315 A500(S), 35GS 60-100 mt D 12 mm FOB Black Sea At sight $/mt
weeks
B500B carbon Loading 2-8
Rebar FOB Turkey STCBM00 STCBM03 STCBM33 Assessment Daily 1308 10,000 mt D 16-20 mm, L 12 m FOB Turkey At sight $/mt
content weeks
B500B carbon Loading 2-8
Rebar FOB Turkey STCEE00 STCEE03 Calculation Daily 1308 10,000 mt D 16-20 mm, L 12 m FOB Turkey At sight Eur/mt
content weeks
B500B carbon Loading 2-8
Rebar FOB Turkey STCED00 STCED03 Calculation Daily 1308 10,000 mt D 16-20 mm, L 12 m FOB Turkey At sight $/st
content weeks
B500B carbon Loading 2-8
Rebar FOB Turkey STCEH00 STCEH03 Calculation Daily -- 10,000 mt D 16-20 mm, L 12 m FOB Turkey At sight $/CWt
content weeks
Rebar Turkey Dom Prod Ex-Stock Incl B500B carbon Shipment Prompt payment on
SB01206 SB01303 Assessment Friday 1315 Min 100 mt D 10-40 mm, L 12 m EXW Turkey TRY/mt
18% VAT content 6-8 weeks delivery
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 9Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
LONG
Assessment Code Mavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
Americas
Shipment Net 30 days after
Rebar EXW Southeast US STCBC00 STCBC03 Assessment Friday 1300 ASTM A615/ A615MMin 100 st L 20ft, D 0.625" EXW US Southeast $/st
4-12 weeks delivery
Shipment Net 30 days after
Rebar EXW Southeast US STCCM00 STCCM03 Calculation Friday 1315 ASTM A615/ A615MMin 100 st L 20ft, D 0.625" EXW US Southeast $/mt
4-12 weeks delivery
Shipment Net 30 days after
Rebar EXW Southeast US STCCE00 STCCE03 Calculation Friday -- ASTM A615/ A615MMin 100 st L 20ft, D 0.625" EXW US Southeast Eur/mt
4-12 weeks delivery
Shipment Net 30 days after
Rebar EXW Southeast US STCCH00 STCCH03 Calculation Friday -- ASTM A615/ A615MMin 100 st L 20ft, D 0.625" EXW US Southeast $/CWt
4-12 weeks delivery
Shipment Net 30 days after
Rebar EXW Midwest US SB01202 SB01304 Assessment Friday 1315 ASTM A615/ A615MMin 100 st L 20ft, D 0.625" EXW US Midwest $/st
4-12 weeks delivery
Delivery Net 30 days after
Rebar DDP Houston STCBG00 STCBG03 Assessment Friday 1300 ASTM A615/ A615M1,000-2,000 st L 20ft, D 0.750-1.41" DDP Houston $/st
8-14 weeks delivery
Delivery Net 30 days after
Rebar DDP Houston STCGM00 STCGM03 Calculation Friday 1315 ASTM A615/ A615M1,000-2,000 st L 20ft, D 0.750-1.41" DDP Houston $/mt
8-14 weeks delivery
Delivery Net 30 days after
Rebar DDP Houston STCGE00 STCGE03 Calculation Friday 1315 ASTM A615/ A615M1,000-2,000 st L 20ft, D 0.750-1.41" DDP Houston Eur/mt
8-14 weeks delivery
Delivery Net 30 days after
Rebar DDP Houston STCGH00 STCGH03 Calculation Friday -- ASTM A615/ A615M1,000-2,000 st L 20ft, D 0.750-1.41" DDP Houston $/CWt
8-14 weeks delivery
Rebar 10MM Brazil SE Domestic Shipment Net 30 days after
SB01190 Assessment Friday 1315 NBR 7480 1000-2000 mt D 6-10 mm, L 12 m EXW Southeast, Brazil Real/mt
Production EXW 4-6 weeks delivery
Rebar 10MM Brazil SE Domestic Shipment Net 30 days after
STHRD04 Calculation Friday -- NBR 7480 1000-2000 mt D 6-10 mm, L 12 m EXW Southeast, Brazil $/mt
Production EXW 4-6 weeks delivery
IRAM-
Rebar Argentina Domestic Production Santa Fe, Delivery 3-6 Net 15-30 days after
SB01192 Assessment Monthly 1315 IAS-U-500-528, 200-500 mt D 6-10 mm, L 12 m Delivered $/mt
Delivered Argentina weeks delivery
Type DNA-420
Rebar Mexico Domestic Production NMX-C-407 grade Northeast, Delivery 2-4 Net 30 days after
SB01603 Assessment Friday 1315 500-1000 mt D 9.5-15.9 mm, L 12 m Delivered MXN/mt
Delivered 42 Mexico weeks delivery
Rebar Mexico Domestic Production NMX-C-407 grade Northeast, Delivery 2-4 Net 30 days after
SB01199 Calculation Friday -- 500-1000 mt D 9.5-15.9 mm, L 12 m Delivered $/mt
Delivered 42 Mexico weeks delivery
Rebar Mexico Domestic Production NMX-C-407 grade Northeast, Delivery 2-4 Net 30 days after
SBMAU03 Calculation Monthly 1315 500-1000 mt D 9.5-15.9 mm, L 12 m Delivered
Delivered Index 42 Mexico weeks delivery
Asia
BS 4449: 2005 Zhangjiagang, Delivery 4-8
Rebar FOB China STCBZ02 STCBZ23 Assessment Daily 1215 5000 mt D 16-20 mm, L 12m FOB At sight $/mt
B500B China weeks
Shipment
Rebar CFR Southeast Asia SB01195 SB01302 Assessment Daily 1315 BS4449 Grade 500 Min 5000 mt D 16-32 mm, L 12 m CFR Singapore At sight $/mt
8-12 weeks
Delivery up
Rebar Ex-stock Beijing VAT-inclusive SB01198 SB01300 Assessment Daily 1215 HRB 400 5-500 mt D 18-25 mm, L 12 m Ex-stock Beijing Cash before delivery Yuan/mt
to 1 week
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 10Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
LONG
Assessment Code Mavg MTD Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
Delivery up
Rebar Ex-stock Beijing VAT-inclusive SB02198 Calculation Daily -- HRB 400 5-500 mt D 18-25 mm, L 12 m Ex-stock Beijing Cash before delivery Yuan/mt
to 1 week
Delivery up
Rebar EXW Jiangsu VAT-inclusive SB01259 SB01301 Assessment Friday 1215 HRB 400 5-500 mt D 18-25 mm, L 9 m EXW Jiangsu Cash before delivery Yuan/mt
to 1 week
Delivery
Base price
Third party within
Rebar Japan Domestic (Tokyo Steel) SB01205 Monthly -- equivalent to -- D 13-25 mm FOT Japan Net Yen/mt
data current
SD295A
month
WIRE ROD
EMEA
Cold heading
TSI Wire Rod Price Change Index North boron-alloyed steel
TS01032 TSMBF03 Index Monthly -- -- -- Delivered North Europe Eur/mt
Europe wire rod. Basis Oct
2010.
Wire Rod Mesh Quality Black Sea Export Loading 6-8
SB01243 Assessment Monthly -- 500 mt D 5.5-6 mm FOB Black Sea At sight $/mt
FOB weeks
Wire Rod Mesh Quality Turkey Export Loading 6-8
SB01251 Assessment Monthly -- 500 mt D 5.5-16 mm FOB Turkey At sight TRY/mt
FOB Turkish Port weeks
Americas
Wire Rod Draw Quality 6.5MM Brazil SE Shipment Net 30 days after
SB01241 Assessment Monthly -- NBR 6330-6354 Min 200 mt D 6.5 mm EXW Southeast Brazil Real/mt
Domestic Production Ex-Works 3-5 weeks delivery
Wire Rod Mesh Quality Export FOB Latin Latin America Delivery 4-6 Net 30 days after
SB01248 Assessment Monthly -- Min 200 mt D 5.5-16 mm FOB $/mt
American Port ports weeks delivery
Wire Rod Mesh Quality N Amer Dom Prod D 0.219"- 0.625" (7/32- Shipment Net 30 days after
SB01249 Assessment Friday -- Min 100 st EXW US Midwest $/st
Ex-Mill US MW 5/8") 4-12 weeks delivery
Asia
Shipment
Wire Rod Mesh Quality China Export FOB
SB01261 Assessment Wednesday 1215 SAE1008 3,000 mt min D 6.5 mm FOB Shanghai up to 12 At sight $/mt
Shanghai
weeks
Wire Rod Ex-stock Shanghai VAT- Delivery up
SB01262 Assessment Wednesday 1215 Q195 5-500 mt D 6.5 mm Ex-stock Shanghai Payment on delivery Yuan/mt
inclusive to 1 week
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 11Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
SEMI
Assessment Code Mavg Wavg Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
STEEL BILLET / SLAB
EMEA
5,000- 125x125 mm Loading 2-6
Billet FOB Turkey Export SB01039 Assessment Monthly -- GOST 380-94 FOB Turkey At sight $/mt
20,000 mt square, L 11.7 m weeks
5,000- 125x125 mm Delivery 2-6
Billet CFR Turkey Import SB01040 Assessment Monthly -- GOST 380-94 CIF Turkey At sight $/mt
20,000 mt square, L 11.7 m weeks
GOST 380-94, 5sp/ 5,000- 125x125 mm Loading 2-6
Billet FOB Black Sea STBLB00 STBLB03 STBLB04 Assessment Daily 1314 FOB Black Sea At sight $/mt
ps 20,000 mt square, L 11.7 m weeks
W 1000-1850
20,000- Loading 4-8
Slab FOB Black Sea Export SB01233 Assessment Wednesday 4314 SAE 1006 mm, T 200-250 FOB Black Sea At sight $/mt
50,000 mt weeks
mm, L 6-12 m
Americas
20,000- 125x125 mm Latin America Delivery 4-6
Billet FOB Latin America Export SB01037 Assessment Monthly -- A36/A36M FOB At sight $/mt
50,000 mt square, L 11.7 m ports weeks
W 800-2,100 mm,
A36/A36M, 20,000- Delivery 4-8
Slab FOB Brazil SB01236 Assessment Friday 1370 L 5-12.5 mm, T FOB Brazil At sight $/mt
SAE1006 50,000 mt weeks
200-250 mm
Asia
T 200-250 mm,
Min 10,000 Cigading, Shipment 8-12
Slab CFR Southeast Asia SB01235 Assessment Monthly 1370 SAE1008, SAE1006 W 1250-1550 CFR At sight $/mt
mt Indonesia weeks
mm, L 6-10 m
20,000- 150x150 mm Shipment 8-12
Billet CFR China CBLCA00 CBLCA03 Assessment Daily 795 3SP CFR Jiangyin, China At sight $/mt
30,000 mt square, L 12 m weeks
5SP, Q275 or 130x130 mm Manila, Shipment 6-10
Billet CFR Southeast Asia SB01035 Assessment Daily 795 10,000 mt CFR At sight $/mt
equivalent square, L 12 m Philippines weeks
150x150 mm
Billet Ex-stock Tangshan VAT-inclusive SB01032 Assessment Daily 795 Q235 500 mt Ex-Stock Tangshan Prompt delivery At sight Yuan/mt
square
150x150 mm Shipment 4-8
Square Bar FOB China STSBF00 STSBF03 Assessment Daily 795 Q275 10,000 mt FOB Tianjin At sight $/mt
square, L 12 m weeks
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 12Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
PIPE & TUBE
Assessment Code Mavg Wavg Type Published Page Quality Quantity Dimensions Incoterms Location Timing Payment UOM
Americas
Shipment 2-8
OCTG EXW North America domestic SB01253 Assessment Monthly -- Carbon ERW J55 200 st 4 1/2- 8 5/8 EXW US mill Net-30 $/st
weeks
Delivery 6-12
OCTG DDP North America import SB01254 Assessment Monthly -- Carbon ERW J55 200 st 4 1/2- 8 5/8 DDP Gulf of Mexico Net-30 $/st
weeks
Asia
OD 7"/177.8mm,
Shipment 8-12
7 inch steel OCTG FOB Tianjin China AAXNI00 Assessment Monthly -- API 5CT J55/K55 50-300 mt T 8.05mm, L R3 FOB Tianjin At sight $/mt
weeks
(10.36-14.63m)
OD 7"/177.8mm,
Shipment 8-12
7 inch steel OCTG FOB Tianjin China $/Ft AAXNK00 Assessment Monthly -- API 5CT J55/K56 50-300 mt T 8.05mm, L R3 FOB Tianjin At sight $/ft
weeks
(10.36-14.63m)
Carbon steel premiums (or extras) and discounts in the market to the stated The assessments reflect both domestically produced and
standard specifications. For example, for its European rebar imported material, unless otherwise specified. For example,
All assessments and indices reflect prime material of new assessments Platts considers market information about B500B all carbon steel assessments on DDP Houston basis reflect
manufacture, excluding dimensional extras, unless otherwise and B500C grades, but normalizes it to B500B for Northwest imported product only, while DDP West Midlands, UK
specified. Europe and Turkey. assessments capture imported, domestically produced and port
stock product.
Most carbon steel assessments represent a base price, however Market information for different locations and Incoterms may be
for some products and locations Platts also publishes the price considered in the assessments after normalization. For example, Currency conversions are done using timestamped assessments
including the premium for coating, which is clearly marked in in the US Platts takes into account market information about of prevailing foreign exchange rate at market close, appropriate
the specifications tables. For example, Platts publishes hot-dip a wide geographic area, which it normalizes to EXW Midwest, for the assessment region.
galvanized coils price EXW Indiana both as a base price and the Indiana.
price including zinc-based coating extra (G90). The Mexican rebar index is calculated with the monthly average
Information about known tariff and non-tariff barriers in various of the weekly Platts assessment (SB01603), which considers
Assessments reflect stated specifications and dimensions. jurisdictions is also used in the normalization process. domestic produced rebar grade 42, Norm NMX-C-407, and spot
Platts normalizes other qualities and sizes using prevailing negotiations of 500-1,000 mt, on a DDP Northeast basis.
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 13Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
Stainless steel
FLAT
Assessment Code Mavg Yavg Type Published Page Quantity Dimensions Incoterms Location Timing Payment UOM
EMEA
Alloy Surchrg 304 Coil Europe Dom Prod SB01008 Calculation Monthly -- Any Sheet/strip Europe Current month -- Eur/mt
Alloy Surchrg 316 Coil Europe Dom Prod SB01011 Calculation Monthly -- Any Sheet/strip Europe Current month -- Eur/mt
Alloy Surchrg 430 Coil Europe Dom Prod SB01015 Calculation Monthly -- Any Sheet/strip Europe Current month -- Eur/mt
CR304 2B 2MM Coil Base N Europe Dom Prod Dlvd SB01059 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR304 2B 2MM Coil Base S Europe Dom Prod Dlvd SB01060 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
CR304 2B 2MM Coil Trans N Europe Dom Prod Dlvd SB01061 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR304 2B 2MM Coil Trans S Europe Dom Prod Dlvd SB01062 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
CR316 2B 2MM Coil Base N Europe Dom Prod Dlvd SB01067 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR316 2B 2MM Coil Base S Europe Dom Prod Dlvd SB01068 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
CR316 2B 2MM Coil Trans N Europe Dom Prod Dlvd SB01069 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR316 2B 2MM Coil Trans S Europe Dom Prod Dlvd SB01070 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
CR430 BA 2MM Coil Base N Europe Dom Prod Dlvd SB01075 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR430 BA 2MM Coil Base S Europe Dom Prod Dlvd SB01076 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
CR430 BA 2MM Coil Trans N Europe Dom Prod Dlvd SB01077 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered North Europe Current month -- Eur/mt
CR430 BA 2MM Coil Trans S Europe Dom Prod Dlvd SB01078 Assessment Monthly -- about 10 mt-plus W >1,200 mm, T 2mm Delivered South Europe Current month -- Eur/mt
Asia
HR304 Ex-warehouse Foshan VAT-inclusive SB01136 Assessment Monthly -- min 50mt W 1219 mm, T 2 mm EXW Foshan Prompt delivery Cash Yuan/mt
CR304 Ex-warehouse Foshan VAT-inclusive SB01058 Assessment Monthly -- min 50mt W 1219 mm, T 2 mm EXW Foshan Prompt delivery Cash Yuan/mt
CR430 Ex-warehouse Foshan VAT-inclusive SB01074 Assessment Monthly -- min 50mt W 1219 mm, T 2 mm EXW Foshan Prompt delivery Cash Yuan/mt
Main East Asian and
Southeast Asian ports
including China, Hong
Kong, Taiwan, South Delivery 1-2
CR304 2B 2MM E Asia Import CFR SB01063 Assessment Friday -- min 50mt W 1219 mm, T 2 mm CFR LC or TT $/mt
Korea, Malaysia, months
Singapore, Vietnam,
Philippines and
Thailand
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 14Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
LONG
Assessment Code Mavg Yavg Type Published Page Quantity Dimensions Incoterms Location Timing Payment UOM
EMEA
Alloy Surcharge 304L Brt Bar Europe Dom Prod SB01010 Calculation Monthly -- Any Cold finished bar Europe Current month -- Eur/mt
Alloy Surcharge 316L Brt Bar Europe Dom Prod SB01013 Calculation Monthly -- Any Cold finished bar Europe Current month -- Eur/mt
Alloy Surcharge 420 Brt Bar Europe Dom Prod SB01014 Calculation Monthly -- Any Cold finished bar Europe Current month -- Eur/mt
Alloy Surcharge 430F Brt Bar Europe Dom Prod SB01017 Calculation Monthly -- Any Europe Current month -- Eur/mt
Mill into stockist,
304L Brt Bar Base Europe Dom Prod Delivered SB01002 Assessment Monthly -- D 25-80 mm Delivered Europe Current month -- Eur/mt
tonnage unspecified
Mill into stockist,
304L Brt Bar Transaction Europe Dom Prod Delivered SB01003 Assessment Monthly -- D 25-80 mm Delivered Europe Current month -- Eur/mt
tonnage unspecified
Mill into stockist,
430F Drawn Bar Base Europe Dom Prod Delivered SB01005 Assessment Monthly -- D 8-25 mm Delivered Europe Current month -- Eur/mt
tonnage unspecified
Mill into stockist,
430F Drawn Bar Transaction Europe Dom Prod Delivered SB01006 Assessment Monthly -- D 8-25 mm Delivered Europe Current month -- Eur/mt
tonnage unspecified
SCRAP
Assessment Code Mavg Yavg Type Published Page Quantity Dimensions Incoterms Location Timing Payment UOM
Net 30
18-8 Stainless Steel Scrap US delivered plant AALDQ00 AALDS00 AALDS16 Assessment Thursday 386 Min one truckload -- DDP US Delivery 30 days $/lt
days
For all stainless steel assessment specifications please refer to
the table above.
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 15Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
Raw materials
FERROALLOYS
Assessment CODE Mavg Wavg Yavg MTD Type Published Page Quantity Dimensions Incoterms Location Timing Payment UOM
EMEA
Delivery within 4 Eur/mt Mn
Silicomanganese 65% Mn DDP NWE AAITQ00 MMAZF03 MMAZF16 Assessment Wednesday 404 300-1,000 mt -- DDP Northwest Europe NA
weeks contained
Delivery within 4 Eur/mt Si
Ferrosilicon 75% Std DDP NWE AAIUR00 Assessment Wednesday 389 200-800 mt -- DDP Northwest Europe Net 30 days
weeks contained
Release within 3-30 $/kg Mo
Ferromolybdenum IW Europe MMAFO00 MMAFO03 MMAFO04 MMAFO16 Assessment Daily 386 Min 20 mt 5-50 mm IW Rotterdam Net cash
days contained
Delivery within 4 cents/lb Cr
Charge Chrome 52% DDP NWE MMAIP00 Assessment Wednesday 9065 200-500 mt -- DDP Northwest Europe Net 30 days
weeks contained
Delivery within 4 cents/lb Cr
Ferrochrome Low-Carbon 0.10% DDP NWE MMAIL00 Assessment Wednesday 9065 200-500 mt -- DDP Northwest Europe Net 30 days
weeks contained
Delivery within 4 cents/lb Cr
Ferrochrome 65% 6-8% High-Carbon DDP NWE MMAIQ00 Assessment Wednesday 9065 200-500 mt -- DDP Northwest Europe Net 30 days
weeks contained
Release within 30 $/kg V
Ferrovanadium 80% IW Europe MMAYY04 MMAYY04 Assessment Thursday 9066 Min one truckload -- IW Europe Net 30 days
days contained
Delivery within 30 Net 30 days $/kg Ti
Ferrotitanium 70% Ti DDP NWE MMAJW00 Assessment Thursday 371 Min one truckload Lump form DDP Northwest Europe
days from delivery contained
Americas
2.5" x 0.5" All major US Release within 60 Net 30 days cents/lb Mn
Silicomanganese 65% Mn IW US MMAGR00 MMAGR03 MMAGR16 Assessment Wednesday 404 Min 4 truckloads IW
lumps warehouse hubs days from release contained
2" x 0.5", 2"
All major US Release within 60 Net 30 days cents/lb Si
Ferrosilicon 75% Si IW US MMAFT00 MMAFT03 MMAFT16 Assessment Wednesday 389 Min 4 truckloads x 1", 4" x 1" IW
warehouse hubs days from release contained
lumps
Delivery within 30 Net 30 days $/lb Mo
Ferromolybdenum DDP US MMAFQ00 MMAFQ03 MMAFQ16 Assessment Thursday 386 Min one truckload -- DDP US buyer's works
days from delivery contained
4" x 0.50" All major US Release within 60 Net 30 days $/lt Mn
Ferromanganese High-Carbon 76% Mn IW USMMAFH00 MMAFH03 MMAFH16 Assessment Wednesday 383 Min 4 truckloads IW
lumps warehouse hubs days from release contained
Ferromanganese Medium Carbon 85% Mn 2.5" x 0.50" All major US Release within 60 Net 30 days cents/lb Mn
MMAFK00 MMAFK03 MMAFK16 Assessment Wednesday 383 Min 4 truckloads IW
IW US lumps warehouse hubs days from release contained
All major US Release within 30 Net 30 days cents/lb Cr
Charge Chrome 48-52% IW US MMAEX00 Assessment Wednesday 380 Min one truckload 2.5" x 1" lumps IW
warehouse hubs days from release contained
2.5" x 0.5" All major US Release within 60 Net 30 days cents/lb Cr
Ferrochrome 65% High-Carbon IW US MMAFA00 MMAFA03 MMAFA16 Assessment Wednesday 380 Min 4 truckloads IW
lumps warehouse hubs days from release contained
2.5" x 0.5" All major US Release within 60 Net 30 days cents/lb Cr
Ferrochrome Low Carbon 0.05% IW US MMAFC00 MMAFC03 MMAFC16 Assessment Wednesday 380 Min one truckload IW
lumps warehouse hubs days from release contained
2.5" x 0.5" All major US Release within 60 Net 30 days cents/lb Cr
Ferrochrome Low Carbon 0.10% IW US MMAIM00 MMAIM03 MMAIM16 Assessment Wednesday 380 Min one truckload IW
lumps warehouse hubs days from release contained
2.5" x 0.5" All major US Release within 60 Net 30 days cents/lb Cr
Ferrochrome Low Carbon 0.15% IW US MMANR00 Assessment Wednesday 380 Min one truckload IW
lumps warehouse hubs days from release contained
Delivery within 30 Net 30 days $/lb V
Ferrovanadium 80% DDP US MMAFY00 MMAFY03 MMAFY16 Assessment Thursday 392 Min one truckload -- DDP US
days from delivery contained
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 16Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
FERROALLOYS
Assessment CODE Mavg Wavg Yavg MTD Type Published Page Quantity Dimensions Incoterms Location Timing Payment UOM
Delivery within 30 Net 30 days $/lb V
Ferrovanadium V2O5 DDP US MMAGD00 Assessment Thursday 392 Min one truckload -- DDP US
days from delivery contained
Delivery within 30 Net 30 days $/lb Ti
Ferrotitanium 70% Ti DDP US MMAJX00 MMAJX03 MMAJX16 Assessment Thursday 371 Min one truckload Lump form DDP US
days from delivery contained
Delivery within 30 Net 30 days $/lb W
Ferrotungsten DDP US MMAHK00 Assessment Thursday 410 Min one truckload -- DDP US
days from delivery contained
Asia
10-55 mm Main Japanese Loading within 60 LC at sight or
Silicomanganese 65% CIF Japan MMAJG00 Assessment Wednesday 404 Min 100 mt CIF $/mt
lumps ports days TT/CAD
5-80 mm
Min 5000 mt or full
Manganese Ore 44% CIF China AAWER00 AAWER03 AAWER16 Assessment Friday 395 lumps, 90% CIF Tianjin Loading 2-8 weeks LC at sight $/dmtu
hatch
passing
5-75 mm
Min 5000 mt or full
Manganese Ore 37% CIF China AAXRX00 AAXRX03 AAXRX16 Assessment Friday 395 lumps, 90% CIF Tianjin Loading 2-8 weeks LC at sight $/dmtu
hatch
passing
10 mm x 150 Loading within 30
Electrolytic Manganese 99.7% Mn FOB China MMAIX00 Assessment Friday 395 Min 20 mt FOB Main Chinese ports CAD $/mt
mm x 1.5 mm days
10-100 mm Main Japanese Loading within 60 CAD, LC at
Ferrosilicon 75% CIF Japan MMAJP00 Assessment Wednesday 389 Min 100 mt CIF $/mt
lumps ports days sight
10-50 mm Loading within 30 LC at sight or
Ferrosilicon 75% FOB China MMAKB00 Assessment Wednesday 389 Min 100 mt FOB Main Chinese ports $/mt
lumps days TT/CAD
Asia, basis Osaka,
Loading within 60 CAD, LC at $/kg Mo
Ferromolybdenum CIF Asia MMAFM00 Assessment Thursday 386 Min 18 mt CIF Tianjin and
days sight contained
Kaohsiung
Loading within 30 CAD, LC at $/kg Mo
Ferromolybdenum FOB China MMAFP00 Assessment Thursday 386 20 mt container FOB Main Chinese ports
days sight contained
10-100 mm Loading within 90 CAD, LC at cents/lb Cr
Charge Chrome 48-52% CIF China CCXIC04 CCXIC03 CCXIC16 Assessment Wednesday 420 Min 500 mt CIF Main Chinese ports
lumps days sight contained
10-100 mm Main Japanese Loading within 60 CAD, LC at cents/lb Cr
High-carbon Ferrochrome 60-65% CIF Japan MMAEW00 MMAEW03 Assessment Wednesday 420 Min 100 mt CIF
lumps ports days sight contained
10-150 mm Loading within 90 CAD, LC at cents/lb Cr
High-carbon Ferrochrome 58-60% CIF China SB01103 Assessment Wednesday 420 Min 500 mt CIF Main Chinese ports
lumps days sight contained
Global
Europe, Japan, US,
IW, CIF, DDP, S Korea, Nhava Delivery or release $/lb Mo
Molybdenum Oxide Daily Dealer (Global) MMAYQ00 MMAYQ03 MMAGQ00 MMAYQ16 MMAYQ05 Assessment Daily 398 18-24 mt -- N/A
DDU Sheva/Mumbai, within 3-30 days contained
Tianjin
Europe, Japan, US,
IW, CIF, DDP, S Korea, Nhava Delivery or release $/mt Mo
Molybdenum Oxide Daily Dealer (Global) MMBYQ00 MMBYQ03 MMBYQ16 MMBYQ05 Calculation Daily -- 18-24 mt -- N/A
DDU Sheva/Mumbai, within 3-30 days contained
Tianjin
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 17Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
Raw materials Medium-Carbon 80% Mn ferromanganese IW US: 80-85% Mn, All US assessments reflect US-origin and imported duty-
normalized to 80% Mn, max 1.5% C, max 1.5% Si, max 0.4% P, paid material in-bulk or 2,000-3,000 lb supersacks. Special
0.2% S. packaging and payment terms are normalized to meet stated
Bulk Ferroalloys
specifications. The assessments reflect key locations along the
Manganese Silicomanganese Mississippi, Chicago, Ohio and Columbia River systems and other
Platts publishes three manganese assessments in China with 65% Mn silicomanganese IW US: 65-72% Mn, normalized to key port warehousing locations, including Baltimore, Maryland,
the following quality and shipment specifications: 65% Mn, 16-18% Si, max 2% C, max 0.35% P, max 0.04% S. Long Beach, California and Portland, Oregon. Pricing data
reported on a delivered basis is normalized to an in-warehouse
44% Manganese Ore CIF China: high-grade 41% to 46% Mn, 65% Mn silicomanganese DDP NWE: 65% Mn, 0.25% P and 1.5% basis. Fines are normalized to lump specifications.
normalized to 44% Mn, 6% Fe, 8% SiO2, 7.99% Al2O3, 0.11% P C.
and 3% moisture; 48-52% Cr charge chrome IW US: 48-52% Cr, C 8% max, Si 4%
65% Mn silicomanganese CIF Japan: 65-70% Mn, normalized max, P 0.03% max, S 0.04% max.
37% Manganese Ore CIF China: 35% to 39% Mn, normalized to 65% Mn, max 2-2.5% C, 14-20% Si, max 0.3% P, max 0.02% S,
to 37% Mn, 6% Fe, 4-6% SiO2, 0.5% Al2O3, 0.04% P and 1% max 0.02% boron, in bulk or super sacks, all origins. 52% Cr charge chrome DDP NWE: 48-52% Cr, max 8% Si and
moisture; 0.03% P.
Ferrosilicon
Electrolytic Manganese 99.7% Mn FOB China: 99.7% to 99.9% 75% Si ferrosilicon IW US: 73-79% Si, normalized to 75% Si, 48-52% Cr charge chrome CIF China: 48-52% Cr, max 9% C, max
Mn flakes, normalized to 99.7% Mn; Si 0.05%, S 0.04%, C 0.04%, 0.5%-1.5% Al, max 1.5% Ca; max 0.1% C. 0.05% S, max 0.04% P and max 6% S.
Fe 0.03%, P 0.004%, Pb 0.001%; Chinese-origin and imported
material, in customs-sealed, 20 ft containers, in 250kg drums, 75% Si ferrosilicon DDP NWE: 75% Si; normalized to 1.5% Al, High-Carbon 65% ferrochrome IW US: 60-65% Cr, normalized to
export duty paid. 0.02% S and 0.04% P. 65% Cr, 6-8% C, max 2% Si, max 0.03% P, max 0.04% S.
Market data basis FOB or CIF in other locations may be netted 75% Si ferrosilicon CIF Japan: Material imported into Japan, High Carbon 65% ferrochrome DDP NWE: 60-70% Cr,
back to base location using prevailing spot freight rates for dry 75-79% Si, normalized to 75% Si, max 2% Al, 0.02% S, 0.2% C, normalized to 65% Cr, 6-8% C, 1.5% Si and 0.03% P.
bulk carriers on the day of assessment. For netback/net forward 0.05% P; packed in 1mt big bags in seagoing 20-foot (18-24-mt)
calculations, the appropriate vessel class freight costs are taken containers. High-carbon 60-65% ferrochrome CIF Japan: 60-65% Cr, max
into consideration (Handysize/max class vessel). Container 8% C, 2-4% Si, 0.02-0.05% P, 0.05% max S.
shipment is normalized using prevailing freight rates. Special 75% Si ferrosilicon FOB China: Chinese-origin material with
packaging and payment terms are normalized back to stated 73-79% Si, normalized to 75% Si; max 1.5% Al, max 0.02% S, High-carbon 58-60% ferrochrome CIF China: 58-60% Cr, max
specification. max 0.04% P, max 0.2% C; packed in 1 mt big bags loaded on 8% C, max 5% Si, 0.04% max P, 0.05% max S.
oceangoing vessel or packed in seagoing 20-foot (18-24-mt)
Ferromanganese containers and customs sealed, export tariff-paid. Low-Carbon 0.10% ferrochrome DDP NWE: 60-70% Cr, 0.10% C,
76% Mn ferromanganese DDP NWE: 76% Mn, 6-8% C, 1.5% Si, 0.05% Si, 0.05% P.
0.2% P, 0.03% S Ferrochrome
All Asian ferrochrome/charge chrome assessments reflect Low-Carbon 0.15% ferrochrome IW US: 68-74% Cr, max 0.15%
High-Carbon 76% Mn ferromanganese IW US: 74-78% Mn, material of all origins, packed in 1 mt big bags, or in bulk, and/or C, max 1% Si, max 0.3% P, max 0.02% S.
normalized to 76% Mn, max 7.5% C, 1.2% Si, 0.5% P, 0.02% S. in oceangoing, customs-sealed containers at point of export.
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 18Specifications Guide Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys: September 2021
Low-Carbon 0.10% ferrochrome IW US: 65-74% Cr, normalized for concluded deals accounted for in the assessment. Platts max 0.1% C, max 2% Si, max 0.06% P, max 0.1% S, and max 0.5%
to 68% Cr, max 0.1% C, max 1% Si, max 0.3% P, max 0.02% S. assesses molybdenum in $/lb and also publishes a conversion Cu; packed in 1mt big bags. Other packaging may be normalized
into $/mt. to 1 mt big bags.
Low-Carbon 0.05% ferrochrome IW US: 65-74% Cr, normalized
to 68% Cr, max 0.05% C, max 1% Si, max 0.3% P, max 0.02% S. Ferromolybdenum Ferrovanadium
US Free Market ferromolybdenum: The assessment reflects US Free Market Ferrovanadium 80%: The assessment reflects
60% min Mo, 0.5% Cu, delivered. 80% V content; 2% max Si, 2% max Al.
Noble alloys
Molybdenum MW European 65% Ferromolybdenum: The assessment reflects US Free Market V2O5 (vanadium pentoxide): Weekly spot
Molybdenum Oxide Daily Dealer (Global): The assessment is ferromolybdenum with 65% min Mo contained, 0.5% Cu, 1.5% assessment of 98% minimum V content.
for “repeatable” dealer to consumer, producer-to-consumer, Si, 0.05% P, 0.10% S and 0.1% C, duty-paid, net-cash terms,
producer-to-dealer and/or dealer-to-dealer spot sales, in-warehouse Rotterdam. Sizing 5-50 mm, 90% passing, packed Europe- 80% V Ferrovanadium: Weekly spot market assessment
technical-grade moly oxide (roasted molybdenum concentrates), in 1 mt bags on pallets. for ferrovanadium normalized to 80% V, on an in-warehouse
min 57% Mo, max 0.5% Cu, 0.05% Pb, drummed material. Europe basis.
Platts takes into account pricing information on the following Ferromolybdenum 60% FOB China: The assessment reflects
bases: CIF Japan, in-warehouse European ports, delivered US, ferromolybdenum exported from Chinese ports for 60-65% Mo Ferrotitanium
delivered duty-unpaid South Korean ports, CIF Nhava Sheva/ contained, normalized to 60% Mo, max 0.1% C, max 1.5% Si, max MW US 70% Ferrotitanium: Weekly assessment of the spot market
Mumbai, India and in bonded warehouses in Tianjin, China. 0.06% P, max 0.1% S, and max 0.5% Cu; packed in drums (100 price for 70% Ti ferrotitanium, max. 5% Al, 2-3% V, 0.5% tin.
Reported sales of powdered material packed in big bags or cans, kg/250 kg) or bags (1 mt/bag), normalized to 1mt bags.
and of oxide briquettes, are normalized to an equivalent price European 70% Ferrotitanium: Weekly spot market assessment
for powdered material in drums. The daily assessment takes Ferromolybdenum 60% CIF Asia: The assessment reflects for European standard grade 70% Ti ferrotitanium, max. 5% Al,
into account all information reported to Platts in the 24-hour ferromolybdenum imported into Asia, basis par ports as Osaka, 2-3% V, 0.5% tin.
period up to 4:30 pm London time each day, except on the last Tianjin and Kaohsiung. Deliveries into Indian ports Nhava Sheva
business day of the calendar month, when the cut-off point and Mumbai, as well as other key ports in the wider Asian region Ferrotungsten
for information to be included is 1:00 pm London time. Platts may be reflected in the assessment after normalization. Platts MW US Free Market Ferrotungsten: Weekly spot market
publishes weekly volume figures to show total tonnage by region assesses lumps with 60-65% Mo and normalized to 60% Mo, assessment of min 75% W, max 0.5% Cu.
© 2021 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 19You can also read
