ThyssenKrupp Nirosta changes surcharge formula
German flat
stainless and heat resistant steel producer ThyssenKrupp Nirosta GmbH declared that as of May, 1 2004 they are going to change alloy surcharge calculation by adding
scrap component. This change is decided in order to compensate the substantial increase in costs due to unprecedentedly improved
scrap prices.
It is also reported that rates of alloy surcharge, which will be announced next week, will depend on
scrap grades.