22
May
10:42
Ovako majorly raises scrap/alloy surcharges for June
Sweden engineering steel specialist Ovako has raised five out of six of its alloying element surcharges for hot rolled bar for June. It has also increased its scrap surcharge for June from the previous month, Kallanish notes.
Ovako’s nickel surcharge rises again for June to SEK 916/tonne ($108.01/t) per 1% alloying element by weight from its May value of SEK 869/t per 1%. (The conversion rate used is that given by Ovako of SEK 1 = $ 0.118) This i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous