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28 Jan
12:04

February alloy surcharges in Europe decrease from January

February alloy surcharges in Europe are being particularly affected by the volatility of nickel and ferrochrome for which prices have weakened again. This is forcing stainless steel producers to decrease their February monthly surcharges from January, market sources tell Kallanish. On average in Europe February surcharges are €50/tonne ($54.5/t) lower than January. From the level of €927/t, stainless producer Outokumpu’s surcharges are down to &e…
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