NEW YORK Outokumpu
Stainless USA LLC has lowered its surcharges on most stainless
steel grades for May.
The Calvert, Ala.-based company
set its April surcharges at 74.06 cents per pound for Type 304,
down 3.7 percent from 76.89 cents; 48.7 cents per pound for
Type 201, down 3.5 percent from 50.49 cents in the same
comparison; and $1.0414 per pound for Type 316, down 3.6
percent from $1.08.
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 in April.
West Chester, Ohio-based AK Steel Corp., Ghent, Ky.-based
North American Stainless Inc. and Brackenridge, Pa.-based ATI
Allegheny Ludlum Corp. announced their May surcharges April 22
amm.com, April 22).