Aperam launches new pricing policy of stainless steel

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Publish time: 9th September, 2013      Source: ChinaCCM
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It is learned that stainless steelmaker Aperam will offer new option for the distributors to buy their products using a new method of pricing

Currently the European stainless steel's price is composed by two elements: a base price and monthly surcharge.

The base price is established between the plant and the customer periodically while the monthly surcharge is calculated using a formula based on the average price of nickel and other metals in the month or two months before the order.

Aperam is now offer distributors an option of having a surcharge based on the spot price of nickel on the LME for the day on which the order is made or on any day up to delivery, according to the company's president Mr. Philippe Darmayan.