28
Jun
09:51
Aperam decreases July alloy surcharges
French stainless steel producer Aperam is decreasing some of its July alloy surcharges for its austenitic range of flat stainless steels for Europe, by almost €50/tonne ($53). This is due to fluctuating raw materials and declining nickel prices, although molybdenum values have risen, Kallanish notes.
Aperam’s surcharges for grade 304 will go down from €2,350/t to €2,309/t, effective 1 July. Grade 316 will however hike significantly next month,…
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Very good overview of the weekly steel market.
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