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US stainless steel surcharges mostly flat in August

Monthly stainless steel surcharges in the US published by producers Monday remained mostly flat for August, while slightly retracting for some austenitic grades.

Type 304 stainless steel surcharges for August ranged between 89.71-89.79 cents/lb for three of the four major domestic producers, North American Stainless, ATI Allegheny Ludlum and AK Steel, while Outokumpu was yet to publish. In comparison, July surcharges ranged between 89.10-89.15 cents/lb from all four producers.

However, Type 316 surcharges retreated slightly in August at 127.85-127.89 cents/lb from the three producers, down from July’s range of 130.82-130.88 cents/lb for all four producers.

(www.nctv.net)

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