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Alloy steel surcharges rise for October 2016

3rd October 2016

Hillfoot bring you an update on surcharges for carbon and alloy steels in October 2016.

After little movement in steel surcharges in the previous two months, October sees a rise for many engineering grades.

Hillfoot’s Simon Taylor explains: “Nickel has risen to its highest level since July 2015, and with Moly and Vanadium both also rising, this will push up prices on most alloy engineering grades.”

The Scrap price remained unchanged for October, so there is little movement in surcharges for carbon steel grades.

For detailed information about surcharge movement for specific steel grades, please see Hillfoot’s stocked grades or contact us with details of your requirements.

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