19
May
17:43
Ovako generally lowers alloy surcharges for June
Swedish engineering steel specialist Ovako has lowered all but one of its six alloying element surcharges for hot rolled bar for June. The company’s scrap surcharge for June has been left unchanged from May continuing ferrous scrap’s seesawing price trajectory in 2020. The alloy surcharge for nickel continues its steady descent, Kallanish notes.
Ovako’s nickel surcharge falls for June for the sixth month in a row to SEK 852/tonne ($85.2/t) per 1%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous