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EU alloy surcharges to hit new highs in March

28 Feb 2007 11:26 reported by Johnny Lin

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Most of European stainless steel mills including Ugine & Alz, Outokumpu, and ThyssenKrupp have announced to increase their stainless steel product price to smooth over their cost pressure from higher nickel price.

The stainless steel base price of 304, 2mm coil for March delivery will be increased to €2,382/MT at Ugine & Alz.

It is expected the alloy surcharge of 300 series stainless steel products in Europe will reach the highest level in March.

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