The monthly European alloy steel surcharges for November for grade-316 stainless flat steel products have decreased because of lower molybdenum costs, Fastmarkets heard on Friday November 1.
Fastmarkets' range for the stainless steel cold-rolled sheet, 316, 2mm, alloy surcharge, domestic, Europe, was ?,?2,497-2,581 ($2,786-2,879) per tonne on November 1, down by ?,?13-63 per tonne from October.Alloy surcharge calculations for November were based on component price...