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ATI cuts stainless surcharge for June
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Allegheny Technologies, Inc. (ATI), a specialty metal company headquartered in Pittsburgh, Pennsylvania in the US announced to cut the alloy surcharge for its stainless steel products for June deliveries in response to lower nickel prices.
It’s known that the cash nickel contract at LME averaged at US$7.88/lb. during the surcharge calculation period, decreasing by 3.4% from a month earlier.
News Date
5/22/2012 9:57:15 AM
reported by
Nann Cheng
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