Daily alloy extras unlikely in N. America

Nov 01, 2013 | 05:56 PM | Rey Mashayekhi

Tags  Outokumpu, stainless steel, surcharges, United States, Canada, Europe, Rey Mashayekhi

NEW YORK — North American stainless distributors expressed doubt that a system to implement a daily alloy surcharge pricing mechanism, such as Outokumpu Oyj’s model in Europe, would succeed in their market.

Espoo, Finland-based Outokumpu said Nov. 1 that the pricing model, introduced via a pilot scheme this past summer, would be introduced and cover all European orders starting Jan. 1. The company said the system will enable customers to "flexibly decide whether to fix the alloy surcharge on....

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