Hillfoot bring you an update on the June 2019 surcharges for carbon and alloy steels.

Surcharges for carbon and alloy steels have fallen for June 2019, following a further drop in the Scrap surcharge.

Scrap has reached £198 per tonne, down from £219 in April, a movement that means surcharges on carbon grades are now at their lowest level since September 2017.

There were also small falls in alloys, meaning across the board reductions in Surcharges for engineering bar this month.

Simon Taylor, Hillfoot’s Executive Director, explained: “Scrap has fallen again for June 2019 on the back of reduced demand. Combined with slight falls in alloys, this has seen an overall reduction in surcharges.”

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.