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31 Jul
06:45

European alloy surcharges are seen rising for September

Alloy surcharges for flat stainless steels in Europe are expected to increase in September following the increases in nickel prices.   July surcharges for 300-series austenitic steels are at between €1,347-1,360/tonne ($1,501-1516/t), depending on mill. August surcharges have increased €20/t on average on July to €1,374-1,380/t. According to projections from stainless steel players in Europe who spoke to Kallanish, if nickel stays on …
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