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Outokumpu hikes most stainless surcharges

Keywords: Tags  Outokumpu Stainless USA, stainless surcharges


NEW YORK — Outokumpu Stainless USA LLC has raised most stainless steel surcharges for January on the back of higher nickel prices in December.

The Calvert, Ala.-based company set its surcharges at 77.51 cents per pound for Type 304, up 6.2 percent from 72.99 cents in December; 50.15 cents per pound for Type 201, up 4.2 percent from 48.14 cents; and $1.095 per pound for Type 316, up 6.2 percent from $1.0312. Its surcharge for Type 430, which doesn’t contain nickel, was set at 21.28 cents per pound, down 1.9 percent from 21.69 cents.

Outokumpu Stainless USA changed its name from ThyssenKrupp Stainless USA LLC following the completion of the merger between stainless producer Outokumpu Oyj and ThyssenKrupp Stainless’s parent company, Inoxum Group.

Outokumpu Stainless USA changed its name from ThyssenKrupp Stainless USA LLC following the completion of the merger between stainless producer Outokumpu Oyj and ThyssenKrupp Stainless’s parent company, Inosum Group (amm.com, Jan. 7).


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