Stainless steel prices in the European domestic market increased this week after a key mill announced that monthly alloy surcharges will rise sharply in September, sources told Fastmarkets on Friday August 23.
Finland-based Outokumpu said its September surcharge for grade-304 stainless steel flat products will increase to ?,?1,557 ($1,726) per tonne, a gain of ?,?175 per tonne from the August value. Other stainless steel mills are expected to announce...