Stainless Steel plus surcharges
- October 29th, 2009
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Price increases announced by some mills in Europe, show a big jump in price for delivery in February for the type of austenitic stainless steel is usually 304 and 316 This is due to the strengthening of commodity prices, lived in more nickel of $ 18,500 per ton from a lower level of $ 16,000 per ton in early December. The largest increase is for MOLY usually have 316 varieties, the suffering and the impact of rising prices for nickel, the most important factor for them is the rising price of molybdenum, which saw a significant increase.
The increase in the premiums of 316 corresponds to 339 Euro or £ 288, 304 numbers are 146 GBP 175 Euroor
With increasing demand from China for stainless steel and the strengthening of demand in Europe, the outlook for prices will remain firm in Q1 and Q2 2010
BSStainless
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