ATI Announces Lower July Stainless Surcharges

June 02, 2010 in Blog, News & Articles by

Allegheny Technologies Inc has announced a dip in its July stainless steel surcharges.
Benchmark type 304 surcharges will fall about 15%, to $1.08/pound, Steel Business Briefing notes.
Type 316 surcharges will decrease 14%, to $1.58/lb, while type 430 will drop about 6%, to $0.31/lb.
Surcharges are based on raw material and energy costs two months prior, with May’s costs determining July’s surcharges.

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