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31 Jul
08:37

European stainless alloy surcharges fall for August

Alloy surcharges in Europe are decreasing month-on-month in August as previously forecast after having risen in May, June and July, market sources confirm to Kallanish. Surcharges have been subject to on-month increases since the beginning of 2018 (see Kallanish 15 June). However, they are now falling due to lower nickel prices. While July surcharges increased by over €100/tonne ($117.2/t) on those in June, August surcharges for stainless flats are …
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