European stainless steel producers issue alloy surcharges for November

Tuesday, 28 October 2014 12:40:30 (GMT+3)   |   Istanbul
Outokumpu, Aperam and Acciai Speciali Terni, leading stainless steel producers in Europe, have decreased their alloy surcharges for November. After declining throughout October, the cash seller and settlement nickel price at London Metal Exchange (LME) closed at $14,650/mt on October 27, indicating a total decrease of $1,205/mt compared to September 30. The decline in nickel prices over the past month has negatively impacted on alloy surcharges.

The mills' alloy surcharges for November 2014 are as follows:

Producer/

Grade

Outokumpu (/mt)

Monthly change (€/mt)

Aperam

Monthly change (€/mt)

Acciai Speciali Terni (/mt))

Monthly change (€/mt)

430

€459 ($583)

-14 ($18)

€440 ($559)

-3 ($4)

€463 ($588)

-11($14)

304

€1.315 ($1,670)

-129 ($164)

€1.272 ($1,615)

-132 ($168)

€1.312 ($1,666)

-125 ($159)

316

€1.951 ($2,478)

-239 ($304)

€1.877 ($2,384)

-243 ($309)

€1.942 ($2,466)

-236 ($300)

€1 = $1.27

Marketplace Offers

Hot Drawn Stainless Plate

Thickness 2 - 6 mm
Width 1,000 - 1,500 mm
Length 2,000 - 6,000 mm
 
Tedarikçi MAIAK-M
View Offer

Cold Drawn Stainless Plate

Thickness 0.5 - 3 mm
Width 1,000 - 1,250 mm
Length 2,000 - 2,500 mm
 
Tedarikçi MAIAK-M
View Offer

Hot Drawn Stainless Coil

Thickness 0.45 - 1.45 mm
Width 0 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

Similar articles

Turkey’s Sarıtaş places major equipment order from Andritz for stainless steel investment

Turkey’s Sarıtaş Çelik starts building new stainless steel plant in Yalova

PASID: Uncertainty persists in Turkish stainless segment, results of AD probe to bring clarity

Outokumpu joins forces with Norwegian steel producer

Global stainless steel output down 5.1 percent in January-September

Turkey-based Galva starts production of teardrop-patterned sheets

Turkey’s Çolakoğlu starts producing special stainless sheet grades

Global stainless steel output down eight percent in Q1

EU starts AD duty investigation on certain stainless hot rolled sheet

Turkish stainless steel market under pressure from both raw material and demand sides