19
Aug
12:06
Ovako majorly lowers hot rolled bar alloy/scrap surcharges
Swedish engineering steel specialist Ovako has reduced five of its six alloying element surcharges for hot rolled bar for September. The only riser is nickel, the surge in price for which has been a feature of the market in August so far. The company has maintained its scrap surcharge for September following reductions in the previous three months, Kallanish notes.
Ovako’s nickel surcharge rises for September by 14.1% to SEK 953/tonne ($101/t) pe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous