NEW YORK ATI Allegheny
Ludlum Corp., AK Steel Corp. and North American Stainless Inc.
have all lowered their stainless steel surcharges on most
grades for May.
Ludlum, a division of
Pittsburgh-based Allegheny Technologies Inc., set its May
surcharge for Type 304 stainless at 74.06 cents per pound, down
3.7 percent from 76.89 cents in April; Type 201 at 49.06 cents,
down 3.6 percent from 50.89 cents; and Type 316 at $1.0407 per
pound, down 3.6 percent from $1.0795 per pound. Its surcharge
for Type 430 material, which contains no nickel, has been set
at 22.53 cents per pound, down 2.2 percent from 23.04 cents per
pound in April.
West Chester, Ohio-based AK
Steel set its May surcharges at 74.04 cents per pound for Type
304, down 3.7 percent from 76.86 cents in April; 49.72 cents
for Type 201, down 3.6 percent from 51.57 cents; and $1.0395
per pound for Type 316, down 3.7 percent from $1.0791
previously. Its surcharge for Type 430 material has been set at
22.54 cents per pound, down 2.2 percent from 23.04 cents in
NAS lowered its surcharges by a similar amount, with Type
304 down 3.7 percent to 74.06 cents in May from a month-earlier
76.89 cents; Type 201 down 3.6 percent to 48.33 cents from
50.11 cents; Type 316 down 3.6 percent to $1.0408 cents from
$1.0795 cents previously; and Type 430 down 2.2 percent to
22.53 cents from 23.04 cents in the same comparison.