AK Steel hikes February stainless alloy surcharge
It’s reported that AK Steel released the alloy surcharge policy for February delivery recently.
After the adjustment, AK Steel’s February alloy surcharge for 304 grade products are at US$0.9378/lb., up by 7.4% in comparison of US$0.8639/lb. for January delivery; that for 201 grade products is at US$0.6169/lb., surging by 5.4% compared to US$0.5853/lb. for January and that for 316 grade products is at US$1.3198/lb., increasing by 6.6% in comparison of US$1.2380/lb. for January.
News Date 08 Feb 2012 14:29:45 reported by Nann Cheng