It's reported that the European stainless steel producers have announced to cut alloy surcharge for October. Outokumpu's October alloy surcharges for 304 grades stainless steel products are at €1,045/ton, lower than €1,067/ton in September. Meanwhile, the company set October alloy surcharges for 316 grades stainless steel flat products at €1,533/ton, in comparison of €1,557/ton in a month ago. Besides, the alloy surcharges for 430 grades decreased to €427/ton from €429/ton.
