Europe: Outokumpu announces stainless steel surcharges for Nov’25

Outokumpu has released its surcharges for flat alloy products for Nov’25 deliveries, with hikes for the majorly traded stainless steel grades. Post-revision, prices were as follows:

• 304 (EN 1.4301) series: $2,226/t, up $21/t m-o-m.
• 316L (EN 1.4404): $3,813/t, down $16/t m-o-m.
• 430 (EN 1.4016): $1,147/t, up $3/t m-o-m.

The company’s annual melt production capacity is 2.55 mnt. Cold-rolled/hot-rolled strip production is 1.6 mnt/year.