Reportedly, European stainless sheet surcharges will expect to change in February 2013.
Outokumpu expects to change for Austenitic grade 304 to decrease 1% to euro 1,277/ton and grade 316 is remained unchanged as euro 1,930/ton.
Meanwhile, for Ferritic grades, the company will remain flat for grade 430 at euro 418/ton.
Besides, the volatility in nickel prices is likely to remain uncertainty in 2013.
However, the market will also depend on global financial and economic conditions to perform in 2013.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62718&division=A1
