The price range for grade-304 flat stainless steel products in Europe narrowed upward this week, with participants anticipating an increase in the alloy surcharges for August, sources told Fastmarkets on Friday June 19.
Nickel prices increased sharply over the two weeks to July 19, leading sources to predict that monthly surcharges will rise or, at the very least, not decrease as they have for the past two months. Surcharges for August will be based on the average price of the various stainless...