ietf
[Top] [All Lists]

AL raises nickel surcharge; Auction Data.......

2000-01-27 11:04:26
StainlessOnly! is a weekly Stainless Steel related Electronic Magazine. We are
currently reaching:23,471 readers.

MILL INCREASE!!!! AGAIN!!!!
PITTSBURGH, Jan. 25 -- Allegheny Ludlum Corp. here said Tuesday it would attempt
To raise prices on stainless steel sheet, strip and coiled plate by between 4 
and 6 percent
Effective with shipments Feb. 7. It is the industry's second, Allegheny 
Ludlum-led
Stainless steel price hike in six weeks. The company led a 4 to 6 percent 
increase on
Stainless steel coiled and uncoiled plate that went into effect Jan. 4. It also 
has been at the
Forefront of revising raw material surcharge triggers for nickel and chromium 
in the past
Several months. The nickel surcharge trigger is set at $2 per pound while the 
surcharge
Level for chromium is set at 35 cents per pound.

For your info:
Since the start of the Federal tax of imported steel (Sept ?99), US based mills 
have added
A total of $20.00cwt in Nickel Surcharges. This newest mill press release 
indicates that
The prices for stainless steel products will continue to climb.

Scrap Pricing (Philadelphia):
Scrap has remained constant, holding around $35.00cwt.

We currently have (17) Stainless Steel items up for auction.
If you have a surplus/overstock item that you wish to sell,
please visit www.buystainlessonline.com and click "Start an Auction"

To place an inquiry in a NON-HTML based format......
simply reply to this email with the necessary info.

TO BE REMOVED:
send a blank email to UNSUBSCRIBE(_at_)buystainlessonline(_dot_)com

<Prev in Thread] Current Thread [Next in Thread>
  • AL raises nickel surcharge; Auction Data......., stainlessonly <=