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ThyssenKrupp Stainless cuts most surcharges

Keywords: Tags  ThyssenKrupp Stainless, surcharges, nickel, Type 304, Type 201, Type 316, Type 430


NEW YORK — ThyssenKrupp Stainless USA LLC has lowered most stainless steel surcharges for December on the back of lower nickel prices.

The Calvert, Ala.-based company has set its surcharges at 72.99 cents per pound for Type 304, down 7.9 percent from 79.28 cents last month; 48.14 cents per pound for Type 201, down 4.8 percent from 50.55 cents; and $1.0312 per pound for Type 316, down 7.7 percent from $1.1168. The surcharge for Type 430, which contains no nickel, was increased 9.1 percent to 21.69 cents per pound from 19.88 cents.

Other stainless steel producers announced similar moves last month ( amm.com, Nov. 20).


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