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13 Jun
11:23

July, August alloy surcharges seen decreasing

Alloy surcharges for flat stainless steels in Europe are expected to decrease again in July and August. This is due to the downward movement in nickel prices and also the recent ferrochrome price decline. According to projections from stainless steel players in Europe who spoke to Kallanish, in July European mills are expected to announce an average decrease in surcharges of around €25/tonne ($28.2) compared to June. May surcharges …
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