22
Mar
19:17
US stainless base prices increase
US stainless base prices are set to rise 1 April, Kallanish understands.
Outokumpu Coil Americas is reducing the functional discount on its 300 and 400 series cold-rolled sheet by two points. The functional discount on its 200 series sheet will be reduced by four points, while its continuous mill plate prices will rise by a flat $70/short ton.
Additionally, shipments beginning 1 April will be subject to an electrode surcharge of $0.36/pound for all products, …
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Anonymous
Very good overview of the weekly steel market.
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