EUROPE STAINLESS STEEL: Prices unchanged but surcharges for June expected to increase

The price of stainless steel in Europe was stable in the week to Friday May 22, but mills are expected to announce significantly higher alloy surcharges for June next week after Outokumpu published higher figures on its website this week.

Outokumpu, which traditionally is the first to announce new surcharges each month, said its June alloy surcharge for grade-304 flat products will be €1,363 ($1,494) per tonne, up from €1,278 per tonne for May.

The average price of nickel, three months, LME daily official from April 21...

Published

Ross Yeo

May 22, 2020

17:20 GMT

London