EUROPE ALLOY STEEL SURCHARGES: November grade-316 values fall on lower molybdenum cost

The monthly European alloy steel surcharges for November for grade-316 stainless flat steel products have decreased because of lower molybdenum costs, Fastmarkets heard on Friday November 1.

Fastmarkets’ range for the stainless steel cold-rolled sheet, 316, 2mm, alloy surcharge, domestic, Europe, was €2,497-2,581 ($2,786-2,879) per tonne on November 1, down by €13-63 per tonne from October. Alloy surcharge calculations for November were based on component price...

Published

Ross Yeo

November 01, 2019

16:20 GMT

London