European stainless steel surcharges increased significantly for April delivery

The London Metal Exchange, the world’s biggest metals market, began trading today in cobalt and molybdenum, commodities used mainly in stainless steel.

Surcharges for delivery of stainless steel in March 2010 have increased more than expected.

Happy new year to all our customers and suppliers who celebrate the Chinese New Year or Lunar New Year.

Surcharges announced by several European mills show a big jump in price for February delivery for Austenitic stainless

Production figures for the third quarter show an increase of 12.5% when compared to the same quarter in 2008

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Merry Christmas to All our customers and suppliers from all at BS Stainless

Surcharges (AAF) for December delivery 2009 announced some of the key ones listed

Representatives from BS Stainless will be attending The Stainless Steel World Conference & Exhibition 2009 to be held in Maastricht

Prices are expected to increase again in August mainly due to higher commodity prices Nickel remains strong around 16,000 USD per tonne.

As widely predicted surcharges for July have increased as follows (June in brackets) :-