Hillfoot bring you an update on the December 2019 surcharges for carbon and alloy steels.
Surcharges for carbon steels have declined this month, continuing the trend seen in October after the increase in September.
The Scrap surcharge has decreased to £136 per tonne, down from £174 in October and £198 in September.
Simon Taylor, Executive Director of Hillfoot said, “December has seen a drop in alloy surcharges and a very small reduction in the scrap surcharge. Mills however are reporting significant increases in demand and order intake for Q1 2020 and as a consequence are anticipating rises in both scrap and alloy surcharges as stocks run low and mills need to replenish to meet these new production levels”
Click here to find out how the changes have affected the surcharge for specific steel grades, or contact the Hillfoot team for advice on your material requirements, and price and availability information.