Aperam increases June alloy surcharges

French stainless producer Aperam has increased June alloy surcharges for its austenitic range of flat stainless steels for Europe by €100/tonne ($122) on average versus the previous month, Kallanish learns from the company.

The surcharge for grade 304 (1.4301) has gone up from €1,777/t in May to €1,865/t effective from 1 June. For grade 316 it has increased from €2,520/t this month to €2,675/t next month. Grade 309S, a heat-resistant stainless steel used in high-temperature applications, has hiked from €2,388/t to €2,509/t next month. The surcharge for the most popular ferritic grade, 409, has risen slightly, from €698/t to €725/t in June, the company reveals.

Offers for nickel cash buyers were at $16,526/t on 23 March and reached $17,125/t on 25 May, Kallanish notes.

Natalia Capra France