[SMM Stainless Steel Flash] Major European Mill Raises April Alloy Surcharges

Published: Mar 31, 2026 19:37

Save

According to market reports, a major Luxembourg-based stainless steel manufacturer has raised the April alloy surcharges for its European flat products, effective April 1, 2026. The surcharge for the 304 grade (1.4301) increased to approximately $2,543/mt (EUR 2,211), up from last month's $2,474/mt. The 316L grade (1.4404) saw a hike to $4,378/mt (EUR 3,807), compared to $4,201/mt previously. Furthermore, the high-temperature 309S grade (1.4833) was raised to $3,429/mt (EUR 2,982), and the ferritic 409 grade (1.4512) increased to $1,033/mt (EUR 898). These upward adjustments reflect the ongoing raw material cost pressures across the European market.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

Data: SHFE, DCE market movement (Apr 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Apr , 2026

10 hours ago

12 hours ago

[SMM Analysis] India’s Stainless Steel Dilemma: Protect the Market, or Keep It Supplied

New Delhi quietly renewed BIS certification waivers through September 2026, even as it talks tough on Chinese overcapacity. The contradiction reveals more about India's industrial gaps than its trade policy convictions

12 hours ago

13 hours ago

Nickel Market Stalemate: High Costs, Weak Demand Limit Price Movements

[SMM Nickel Flash] April 1 News, Supply side, under pressure from both upstream and downstream, quotations from smelters and traders were basically flat. Demand side, buying interest from downstream steel mills remained weak, and market demand was limited. Overall, with high upstream costs and end-use product prices struggling to match, high-grade NPI prices remained in stalemate.

13 hours ago