EUROPE ALLOY STEEL SURCHARGE: January values fall on nickel price drop

European alloy surcharges for January deliveries of grade-304 cold-rolled (CR) stainless steel sheet have fallen month-on-month amid lower nickel costs.

The January alloy surcharge for 2mm grade-304 CR stainless steel sheet - compiled by Metal Bulletin based on data published by Outokumpu, Acerinox and Aperam - is €1,240-1,301 ($1,488-1,561) per tonne.
This represents a fall of €59-80 per tonne compared with the €1,320-1,362 per tonne alloy surcharge for grade-304 CR stainless sheet in December.

The average London...

Published

Viral Shah

January 02, 2018

12:37 GMT

London