EUROPE STAINLESS STEEL: Prices stable with November surcharges likely steady

The price of stainless steel in Europe was unchanged this week and alloy surcharges for November also appeared likely to remain largely unchanged, Fastmarkets heard on Friday October 25.

Finland-based stainless steel mill Outokumpu announced this week that its alloy surcharge for grade-304 flat products in November will be €1,703 ($1,894) per tonne, an increase of €3 per tonne from October.
Luxembourg-based Aperam announced its equivalent surcharge at €1,698 per tonne, a decrease of €5 per tonne.

Sources highlighted the volatile nature of nickel prices...


Ross Yeo

October 25, 2019

18:58 GMT