Outokumpu Stainless USA LLC has raised its surcharges for most
grades of stainless steel for September.
Ala.-based company set its September surcharges at 65.19 cents
per pound for Type 304 material, up 2.6 percent from 63.55
cents this month; 44.07 cents per pound for Type 201, up 1.5
percent from 43.44 cents; and 89.12 cents per pound for Type
316, up 1 percent from 88.25 cents. The surcharge for Type 430
material, which contains no nickel, has been decreased 1.7
percent to 22.61 cents per pound from 23.01 cents.
West Chester, Ohio-based AK Steel Corp., Ghent, Ky.-based
North American Stainless Inc. and Brackenridge, Pa.-based ATI
Allegheny Ludlum Corp. all announced similar increases in
surcharges recently (
amm.com, Aug 21).