EUROPE ALLOY STEEL SURCHARGES: February values edge higher but March decreases expected

Monthly European alloy steel surcharges have increased slightly in January but there were already expectations in the market for decreases in March because of falling nickel costs, sources told Fastmarkets on Friday January 31.

Fastmarkets’ calculation on Friday of the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe, was €1,434-1,448 ($1,581-1,596) per tonne for February, up by €11-16 per tonne from the January...


Ross Yeo

January 31, 2020

15:48 GMT