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Synalloy sees orders getting boost from rising surcharges

February 06, 2012 - 23:48 GMT Location: New York

KEYWORDS: Synalloy , stainless steel pipe , nickel price , stainless surcharge

Stainless pipe producer Synalloy Corp. expects increased demand from customers on the back of rising surcharges early in the year.

The rise in surcharges comes as nickel prices have been trending up, with the cash nickel contract closing the official session on the London Metal Exchange at $21,105 per tonne ($9.57 per pound) Monday, up 14.5 percent from $18,430...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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