EUROPE STAINLESS STEEL: Surcharges set to lower for September, effect on base prices unclear

European stainless steel base prices have been assessed stable on Friday August 24, while alloy surcharges are set to decrease for September following announcements by some producers this week.

The September alloy surcharge for 2mm grade-304 cold-rolled (CR) stainless steel sheet - based on data published by Outokumpu, Acerinox and Aperam – is €1,503-1,523 per tonne, down by €40-61 per tonne from the August level. The move reflects lower nickel prices. 

Market participants were mixed in their views on how this move could affect base prices...

Published

Ross Yeo

August 24, 2018

15:50 GMT

London