EUROPE ALLOY STEEL SURCHARGE: January values drop on lower nickel cost

The monthly European alloy steel surcharges have moved downward for January, driven by lower costs for nickel, Fastmarkets heard on Friday January 3.

Fastmarkets’ calculation of the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe, was €1,418-1,437 ($1,587-1,608) per tonne for January, down by €161-171 per tonne...

Published

Maria Tanatar

January 03, 2020

18:30 GMT

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