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Nickel price lowers alloy surcharges
  Time:2007-8-8  10:24:04    Source:cssm    Author:wjhong[Size:B M S][Favorite][Close]
            As the price of nickel continues to decline on the LME, EU mills have decided to reduce their alloy surcharge by around EUR 600/tn for September deliveries. The Nickel price on the LME fell to USD 29,000/tn, with its lowest level to USD 28,850/tn on 3 August. Alloy surcharges in Europe have reduced for 2 consecutive months in a row.
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