Stainless steel prices in the European domestic market were unchanged this week, with market participants monitoring nickel prices to gauge how the alloy surcharge for December might develop, sources told Fastmarkets on Friday November 15.
Alloy surcharges for December will be calculated based on nickel prices from October 21 to November 20. So far the average value of the nickel three-month LME daily official price during the period is $16,243...