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Carbon and alloy steel surcharges update for December 2017

5th December 2017

Carbon and alloy steel surcharges update for December 2017

Surcharges for carbon steels have fallen slightly for December 2017 as a result of a reduction in the Scrap surcharge, but there is a more mixed picture for alloy grades.

Scrap is down by £7 per tonne from the peak of October and November, but is still almost double the level of 12 months ago, meaning that while carbon steel surcharges have dropped they remain high.

Many alloy grades have also seen small surcharge reductions as a result of the downward movement in Scrap, but others have increased.

Simon Taylor, Purchasing Manager for Hillfoot, explains: “Scrap has reduced slightly by £7 per tonne, but a rise in Nickel means an increase in the overall surcharge on the higher Nickel bearing steels.”

Click here to find out how the changes have influenced the surcharge for specific steel grades, or contact the Hillfoot team for advice on your steel requirements.

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