Tag: stainless steel alloy surcharge
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Japan: Nippon Steel hikes Feb stainless prices, signals further base price revision
300 series up JPY 20,000/t for fifth straight month Rising alloy, logistics, labour costs weigh on margins SteelDaily: Nippon Steel has announced a price increase for its February contracts covering cold-rolled (CR) and medium-thick stainless steel plates for distribution, citing higher alloy costs and mounting manufacturing expenses. The move aims to secure profitability amid sustained…