Europe: Outokumpu announces stainless steel surcharges for Feb'25

Outokumpu has released its surcharges for flat alloy products for Jan'25 deliveries, which show a slight decrease for the majorly traded stainless steel grades. Post-revision, prices are:

• 304 (EN 1.4301) series: $2,190/t, down $31/t m-o-m.
• 316L (EN 1.4404): $3,641/t, down by $39/t m-o-m.
• 430 (EN 1.4016): $1,113/t, down by $10/t m-o-m.

The company's annual melt production capacity is 2.55 mnt. Cold-rolled/hot-rolled strip production is 1.6 mnt/year.