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...