SSAB set to halt publishing of raw material surcharge

Nov 15, 2013 | 06:15 PM | Catherine Ngai

Tags  SSAB Americas, steel, raw material surcharge, RMS No. 2, Catherine Ngai

NEW YORK — SSAB Americas will discontinue publishing of a second raw material surcharge on invoices effective on orders with a Dec. 29 shipment date, it said in a Nov. 15 letter to customers.

"Our prior correspondence of April 11, 2008, announced the implementation of a second raw material surcharge (RMS No. 2) for spot and contract business not already covered by an existing surcharge," the Lisle, Ill.-based steelmaker said.....

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