Industry News

Stainless steel alloy surcharge rises for 4 months

Views : 426
Update time : 2020-09-18 21:59:51
It was reported that the Stainless Steel Monthly Metals Index (MMI) was up by 11.3% in September since stainless steel surcharges have hiked for four consecutive months.

304 stainless steel alloy surcharges of this month rose by 6.15% compared to the previous month.

Both LME and China’s nickel prices have hiked in the past month, which increased by approximately 12% and US$17,590/ton respectively.
Related News
Read More >>
ArcelorMittal opens first Brazilian solar plant early ArcelorMittal opens first Brazilian solar plant early
Dec .11.2025
ArcelorMittal opens first Brazilian solar plant early
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29% LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Dec .11.2025
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Dec .11.2025
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Global supply strains position Japan for higher aluminium premiums in 2026 Global supply strains position Japan for higher aluminium premiums in 2026
Dec .11.2025
Global supply strains position Japan for higher aluminium premiums in 2026