【Flash | Metallus Raises October Molybdenum Surcharge Component for 300M Steel】

Tubacex issued its October tube alloy surcharges. In euros, hot-/cold-finished 316/316L fell from €5.07/€5.59 per kg (€5,070/€5,590 per tonne) to €5.05/€5.56 per kg (€5,050/€5,560 per tonne). High Mo content materials, with Mo above 2.5%, declined from €5.26/€5.79 to €5.23/€5.76 per kg. Surcharges for 2205 and 2507 were unchanged, while 254 SMO rose from €9.64/€10.62 to €9.67/€10.65 per kg. SMM analysis: most Mo-bearing tube grades were flat or slightly lower, while 254 SMO moved higher, indicating differentiated cost transmission across grades.

Alleima raised tube alloy surcharges in Europe, Asia, Africa and Oceania from Oct 1. For hot-finished products, 316/316L rose from €5.26/kg (€5,260/t) to €5.33/kg (€5,330/t); High Mo from €5.74/kg (€5,740/t) to €5.81/kg (€5,810/t); SAF 2205 and SAF 2507 increased 2.26% and 1.95%; and 254 SMO rose 0.70%. The hot-finished energy surcharge more than doubled to €0.21/kg (€210/t). SMM analysis: Mo-bearing surcharges broadly rose, but the energy reset means the full increase cannot be attributed to molybdenum.

Spanish stainless steel producer Acerinox set its October European flat-product surcharge for 316L (1.4404) at €3.972/kg, down €0.035/kg or 0.87% from September. Surcharges for higher-molybdenum grades also eased: 904L fell 1.21% to €7.004/kg, 317L declined 0.77% to €5.187/kg, and duplex 2205 slipped 0.15% to €3.994/kg. By contrast, 316L long-product surcharges rose to €4.323/kg for billet, €4.499/kg for wire rod, €4.715/kg for angle/hot-rolled bar, and €5.252/kg for wire/bright bar, up 0.75%-1.12% month on month. Alloy surcharges reflect multiple inputs, including nickel, chromium, molybdenum and energy, and should not be read as a pure molybdenum-price signal.