EUROPE ALLOY STEEL SURCHARGE: Slight August increase on higher nickel costs

European monthly grade-304 alloy steel surcharges for August have increased slightly from July’s values because of higher nickel costs, Fastmarkets heard on Friday July 31.

Fastmarkets’ stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe was calculated at €1,345-1,367 ($1,586-1,612) per tonne on Friday, up by €16-24 per tonne from the July range.

The average nickel...

Published

Ross Yeo

July 31, 2020

16:37 GMT

London