EUROPE ALLOY STEEL SURCHARGE: Imports drive sixth consecutive monthly fall

European alloy surcharges for stainless steel products have fallen for the sixth consecutive month in January because of weak market fundamentals resulting from high volumes of imports.

The January alloy surcharge for 2mm grade-304 cold-rolled (CR) stainless steel sheets - based on data published by producers Outokumpu, Aperam and Acerinox - is €1,242-1,294 ($1,413-1,472) per tonne, according to Fastmarkets' assessment on Friday January 4. This is down by €58-91 per tonne from...

Published

Ross Yeo

January 04, 2019

16:33 GMT

London