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Stainless surcharges mostly down for Sept

Stainless steel surcharges are largely poised to fall again in September, with all four of the key producers in the United States lowering extras for Type 201, 304 and 316 product for the second consecutive month. The surcharge declines stem largely from a drop in...

Section 232 and Order Acceptance

The potential section 232 ruling introduces an unpredictable element to our cost structure. Therefore, until this matter is resolved, all new orders are subject to review before acceptance.

Surcharges expected to be down again in July

As reported in AMM, some distributors expect the surcharges to drop again next month. “I have factored in an 8- to 9-cent decrease in (Type) 304,” a second midwestern distributor said, noting that he expects base prices to remain stable, possibly through this summer....