EUROPE ALLOY STEEL SURCHARGES: October values surge on nickel costs

Europe’s monthly alloy steel surcharges for October have surged from September levels on significantly higher nickel costs, Fastmarkets heard on Friday October 2.

Fastmarkets’ stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe was calculated at €1,456-1,462 ($1,710-1,716) per tonne for October, up by €85-89 per tonne from the September range.

The average London Metal Exchange three-month...

Published

Ross Yeo

October 02, 2020

16:18 GMT

London