Sandvik to alter surcharge model

Dec 31, 2008 | 10:04 AM |

Sandvik Materials Technology, Sandviken, Sweden, will modify its alloy surcharge model for seamless tubular products starting Jan. 1 in a bid to reduce time lags.

Sandvik's rates from Nov. 16 to Dec. 15 will be debited, with the new formula to be based on average alloying costs for one month.....

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