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20 Jun
14:41

Ovako mainly lowers alloy/scrap surcharges for July

Swedish engineering steel specialist Ovako has reduced five and raised just one of its six alloying element surcharges for hot rolled bar for July in a move similar to both those in May and June. The surcharge for vanadium falls again for the sixth consecutive month and again quite heavily. The company has lowered its scrap surcharge for July following the previous reduction for June, Kallanish notes. Ovako’s nickel surcharge lowers for July by -6.28% to S…
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