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NAS, ATI, AK Steel boost most stainless extras

Keywords: Tags  ATI Allegheny Ludlum, NAS, North American Stainless, AK Steel Corp, stainless steel, surcharges, stainless surcharges, Daniel Fitzgerald


NEW YORK — North American Stainless Inc. (NAS), ATI Allegheny Ludlum Corp., and AK Steel Corp. have announced increased stainless steel surcharges for September on most grades, their first raw material surcharge increases in six months.

Ghent, Ky.-based NAS set its September surcharges at 65.18 cents per pound for Type 304, up 2.6 percent from 63.54 cents in August; 43.76 cents per pound for Type 201, up 1.5 percent from 43.12 cents; and 89.07 cents per pound for Type 316, up 1 percent from 88.21 cents. The surcharge for Type 430 material, which contains no nickel, will drop 1.7 percent to 22.6 cents per pound from 23 cents.

Ludlum, a division of Pittsburgh-based Allegheny Technologies Inc., set its September surcharges at 65.19 cents per pound for Type 304 material, up 2.6 percent from 63.55 cents in August; 44.41 cents per pound for Type 201, up 1.4 percent from 43.78 cents; 89.07 cents per pound for Type 316, up 1 percent from 88.21 cents; and 22.61 cents per pound for Type 430 material, down 1.7 percent from 23.01 cents.

West Chester, Ohio-based AK Steel set its September surcharges at 65.16 cents per pound for Type 304, up 2.6 percent from 63.53 cents in July; 44.82 cents per pound for Type 201, up 1.3 percent from 44.24 cents; 89.03 cents per pound for Type 316, up 0.3 percent from 88.74 cents; and 22.61 cents per pound for Type 430, down 1.8 percent from 23.03 cents.

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