Europe: Outokumpu announces stainless steel surcharges for Apr’24

European stainless steelmaker, Outokumpu, has released its surcharges for flat alloy products for Apr’24 deliveries. Post-revision, prices are:

  • 304 (EN 1.4301) series: $2,303/t, up by $120/t from Mar.
  • 316L (EN 1.4404): $3,768/t, up by $199/t m-o-m.
  • 430 (EN 1.4016): $1,057/t, down by $16/t m-o-m.

The company’s annual production capacity is 2.8 mnt of cold-rolled stainless steel and 0.5 mnt of hot-rolled stainless steel.