The incorrect ranges were published because one of the stainless steel mills - whose surcharges comprise the ranges - was late in publishing them for April.
The range for grade-304 alloy surcharges
was originally published at €1,423-1,430 [$1,559-1,607] per tonne on March 29, which was corrected to €1,387-1,430 per tonne as of Monday April 29.
The range for grade-316 alloy surcharges
was originally published at €2,188-2,197 per tonne on March 29, which has now been corrected to €2,136-2,197 per tonne as of Monday April 29.
Fastmarkets MB's price book and database have been updated to reflect this change.
For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Ross Yeo by email at: firstname.lastname@example.org. Please add the subject heading FAO: Ross Yeo, re: Europe stainless steel surcharges.
To see all Fastmarkets’ pricing methodology and specification documents go to www.metalbulletin.com/prices/pricing-methodology