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Aperam increases European stainless steel alloy surcharges for February

Aperam, a Luxembourg-based stainless steel producer, has increased its alloy surcharge for its austenitic stainless steel flat products in Europe for February.

Aperam increases European stainless steel alloy surcharges for February

The surcharge for 304 (1,4301) was increased from 2,906 EUR/t in January to 2,930 EUR/t; For 316, it was increased from €4,693/ton in the previous month to €5,012/ton; price of 309S used in high temperature corrosion resistance applications increased to EUR 4,066/tonne; The price of ferritic stainless steel 409 fell to EUR 834/t.

Due to the sharp increase in molybdenum prices in January, the 316 stainless steel surcharge was increased significantly.

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