Prices For Stainless Increased Globally In July, But Fell In U.S. On Surcharge Cuts

Upward pressure on nickel prices during the last half of June and the first half of July pushed global prices for stainless steel up 3% in the past month, according to the latest data from MetalMiner. But stainless prices in the U.S. fell as surcharges for both 304 and 316 stainless were cut. Nickel production…