17
Jan
13:51
Ovako lowers alloy/scrap surcharges for February
Swedish engineering steel specialist Ovako has reduced five and raised one of its six alloying element surcharges for hot rolled bar for February. That for vanadium sees a heavy drop following its bull run for the last 12 months. The company has also lowered its scrap surcharge significantly for the upcoming month, Kallanish notes.
Ovako’s nickel surcharge lowers again for February by –10.5% to SEK 682/tonne ($75.7/t) per 1% alloying e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous