EUROPE STAINLESS STEEL: Prices increase on alloy surcharge hike

Stainless steel prices in the European domestic market increased this week after a key mill announced that monthly alloy surcharges will rise sharply in September, sources told Fastmarkets on Friday August 23.

Finland-based Outokumpu said its September surcharge for grade-304 stainless steel flat products will increase to €1,557 ($1,726) per tonne, a gain of €175 per tonne from the August value.

Other stainless steel mills are expected...


Ross Yeo

August 23, 2019

15:20 GMT