EUROPE ALLOY STEEL SURCHARGE: January values drop on lower nickel cost

January 04, 2020 / www.metalbulletin.com / Article Link

The monthly European alloy steel surcharges have moved downward for January, driven by lower costs for nickel, Fastmarkets heard on Friday January 3.

Fastmarkets' calculation of the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe, was ?,?1,418-1,437 ($1,587-1,608) per tonne for January, down by ?,?161-171 per tonne...

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