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Stainless Steel Me

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Stainless Steel surcharges hit low

nickel 150x150 Stainless Steel surcharges hit lowOutokumpu the Finnish stainless steel producer announced new lower surcharges for October delivery. Following further falls in Nickel prices, the surcharges are now at their lowest for 18 months. The surcharges applicable in Europe on all deliveries in October.

Demand for stainless steel has been low due to holidays and this effects the use of Nickel. With prices hitting a low and growth expected in 2012 any increases in Nickel prices could signal the bottom of the price cycle and trigger a wave of re-stocking.

 

Some of the key grades have the surcharges listed below:-

 

304 / 1.4301 – 1489 EUR  1304 GBP

316 / 1.4404 – 2282 EUR  1997 GBP

430 / 1.4016 -  439 EUR     384 GBP

tt twitter big1 Stainless Steel surcharges hit low

Tagged as: 304, nickel, Outokumpu, prices, stainlesssteel, Steel, surcharge, surcharges

2 Comments

  1. The surcharges applicable in Europe on all deliveries in October.

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