EUROPE ALLOY STEEL SURCHARGES: October values surge on nickel costs

October 03, 2020 / www.metalbulletin.com / Article Link

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...

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