Ohio-based AK Steel currently released its alloy surcharge for December.
After the adjustment, the firm's December alloy surcharges for 304 grade products are at US$0.7310/lb., falling by 8.1%; that for 201 grade is at US$0.4937/lb., that for 316 grade is at US$1.0295/lb., decreasing by 8.2%, all compared to the alloy surcharges for November.
However, AK Steel increased its alloy surcharges for 430 grade materials to US$0.2181/lb. for December from US$0.2016/lb. for November.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61814&division=A1
