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Stainless Steel Me

News , views and resources for the stainless steel industry

Stainless Steel Surcharges increase

nickel 150x150 Stainless Steel Surcharges increaseLatest published stainless steel surcharges show a significant increase reflecting higher Nickel costs which hit a 12 week high on the LME on Friday. The increase for 304 (1.4301) is 159 Euro (149 USD) and 220 Euro(197 USD) for grade 316 (1.4404). The figures for surcharges for stainless steel deliveries in Europe from the 1st of February where announced by Finnish stainless steel producer Outokumpu .

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

 

304 / 1.4301 – 1335 EUR  1138 GBP

316 / 1.4404 – 2279 EUR  1895 GBP

430 / 1.4016 -  488 EUR     406 GBP

tt twitter big1 Stainless Steel Surcharges increase

Tagged as: 304, 430, Europe, increase, LME, Outokumpu, stainless, stainlesssteel, Steel, surcharge, surcharges

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