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27 Mar
11:33

European alloy surcharges to decline further

Alloy surcharges for flat stainless steels in Europe are expected to decrease again in May versus those in April. This follows a series of declines due to the fluctuation in nickel prices this month. European mills including Outokumpu and Aperam have lowered their April surcharges month-on-month for 300-series austenitic steels to around €1,300/tonne ($1430/t) depending on mill. According to projections from stainless steel players in Europe who spoke to …
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