EU stainless steel market hopes for stable September alloy surcharge

European stainless steel market participants are hoping for stabilisation in the alloy surcharge for September deliveries of stainless steel, sources told Metal Bulletin on Friday August 11.

With European base prices steady over the seasonal summer slow period, market participants are closely watching the price movements for stainless steel raw materials such as nickel. This week, the London Metal Exchange three-month official nickel bid/offer spread rose by $240-260 per tonne week-on-week to $10,635/10,640 per tonne...

Published

Viral Shah

August 11, 2017

17:08 GMT

London