Outokumpu, Aperam and Acerinox, leading stainless steel producers in Europe, have announced their alloy surcharges for May, mostly decreasing their product prices compared to the previous month. Since the beginning of April, the cash nickel prices at the London Metal Exchange (LME) have moved on a fluctuating trend and are standing at $9,150/mt as of today, April 29.
The alloy surcharge prices for May 2016 of the producers in question are as follows:
| Producer/Grade | Outokumpu (€/mt) | Change (€/m-o-m) | Aperam (€/mt) | Change (€/m-o-m) | Acerinox (€/mt) | Change (€/m-o-m) |
| 430 | 418 ($477/mt) | +8 | 381 ($435/mt) | -4 | 312 ($356/mt) | -15 |
| 304 | 853 ($973/mt) | -16 | 842 ($960/mt) | -9 | 739 ($843/mt) | -45 |
| 316 | 1,172 ($1.336/mt) | -19 | 1,152 ($1,314/mt) | -19 | 1,045 ($1,192/mt) | +6 |
€1 = $1.14