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27 Nov
10:37

European alloy surcharges are seen falling further

Alloy surcharges for flat stainless steels in Europe in January 2020 are expected to continue to fall versus those November and December following the fluctuation in nickel prices this month. December surcharges for 300-series austenitic steels are at between €1,579-1,608/tonne ($1,738-1,770/t), depending on mill. According to projections from stainless steel players in Europe who spoke to Kallanish, nickel prices should also confirm the current downwa…
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