EUROPE STAINLESS STEEL: Prices increase on higher August alloy surcharges

The price of stainless-steel flat products in Europe increased this week because of higher monthly alloy surcharges for August, which themselves have increased on a spike in nickel costs this month, sources told Fastmarkets on Friday July 26.

Fastmarkets’ assessment of the stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe, price was €2,190-2,250 ($2,440-2,507) per tonne on Friday July 26, up by €15-50 per tonne week on week. August alloy surcharges for grade-304 stainless cold-rolled sheets were announced this week by three European...

Published

Ross Yeo

July 26, 2019

17:30 GMT

London