Glossary
The Kallanish Glossary aims to be a useful resource for complex industry specific terminology. We are
constantly adding to our glossary, so if you have a suggestion or amendment please do get in touch.
Surcharge
Steel
This is an addition to the normal mill price of steel to cover the cost of alloying elements used in producing certain grades. In some cases surcharges also reflect energy costs. Surcharges were introduced when the price of alloying elements, such as nickel, became much more volatile, moving sharply away from their historic, and more stable, price range. Mills were faced with sharply escalating prices and introduced surcharges to protect their margins. Clearly over time surcharge values move down as well as up.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous