EUROPE STAINLESS STEEL: Prices increase on higher August alloy surcharges

July 27, 2019 / www.metalbulletin.com / Article Link

The price of stainless-steel flat products in Europe increased this week because of higher monthly alloy surcharges for August, which themselves have increased on a spike in nickel costs this month, sources told Fastmarkets on Friday July 26.

Fastmarkets' assessment of the stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe, price was ?,?2,190-2,250 ($2,440-2,507) per tonne on Friday July 26, up by ?,?15-50 per tonne week on week.August alloy surcharges for grade-304 stainless cold-rolled sheets were announced this week by three European...

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