January stainless surcharge to dip, but less than thought
Dec 05, 2006 | 12:17 PM
| Maria Guzzo
Stainless steel buyers will pay a little less in January, with surcharges on flat-rolled material poised to fall—although perhaps not as much as anticipated.
The nation's three main stainless mills—Allegheny Technologies Inc. (ATI), Pittsburgh; AK Steel Corp., Middletown, Ohio; and North American Stainless Inc. (NAS), Ghent, Ky.—are posting declines ranging from a little more than 2 cents a pound to well over 3 cents on the more popular items.
For Type 304, ATI's surcharge will be $1.3141 a pound for January, down 2.28 cents from $1.3369 this month; AK Steel's surcharge will be $1.3047 a pound, a 2.48-cent reduction from $1.3295; and NAS' surcharge will be $1.2993 a pound, down 3.03 cents from $1.3296.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here