Outokumpu Stainless USA LLC has lowered its surcharges across
most grades of stainless steel for October.
Ala.-based company set its October surcharges at 63.9 cents per
pound for Type 304 material, down 2 percent from 65.19 cents in
September; 43.16 cents for Type 201, down 2.1 percent from
44.07 cents; and 88.07 cents for Type 316, down 1.2 percent
from 89.12 cents per pound. The surcharge for Type 430
material, which contains no nickel, has been lowered 1.8
percent to 22.21 cents per pound from 22.61 cents in the same
The move follows similar reductions by West Chester,
Ohio-based AK Steel Corp., Ghent, Ky.-based North American
Stainless Inc. and Brackenridge, Pa.-based ATI Allegheny Ludlum
amm.com, Sept. 23).