Tag: stainless steel price drop
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Europe: Outokumpu reduces stainless steel surcharges for May’25
Outokumpu has released its surcharges for flat alloy products for May’25 deliveries, reducing those for the majorly traded stainless steel grades. Post-revision, prices were: 304 (EN 1.4301) series: $2,186/t, down $52/t m-o-m. 316L (EN 1.4404): $3,594/t, down by $99/t m-o-m. 430 (EN 1.4016): $1,121/t, down by $1/t m-o-m. The company’s annual melt production capacity is…