EUROPE ALLOY STEEL SURCHARGES: Lower nickel costs drive decreases for June

Monthly European alloy surcharges for stainless steel products will decrease for June after the price of nickel fell over 6% between April 20 and May 20, according to data published by Fastmarkets.

The June surcharge for grade-304 cold-rolled stainless sheet is set to decrease to €1,339-1,380 ($1,493-1,539) per tonne for June, a fall of €70-71 per tonne from May surcharge levels, according to data released by Outokumpu, Acerinox...

Published

Ross Yeo

May 30, 2019

17:45 GMT

London