Applying Scrap & Alloy surcharges is an established way to adjust steel prices due to national and international variations in cost for scrap and alloying elements. The surcharges are generally based on published prices for the elements.

The reason for applying Scrap & Alloy surcharges is that longer price agreements can be negotiated, to the benefit of both customers and suppliers.

For transparency reasons, we also show the alloy influence of each element, as well as historic data.

Ovako surcharges for the last twelve months can be found below and Exchange Rate (SEK) last twelve months can be found here.

Exchange Rate (SEK)

Month Norway
(NOK)
Denmark
(DKK)
Finland
(EUR)
USA
(USD)
June 2020 1,041 0,686 0,092

0,100

May 2020 1,036 0,687 0,092

0,102

April 2020 0,959 0,707 0,095

0,103

March 2020 0,942 0,708 0,095

0,105

February 2020 0,958 0,713 0,095

0,106

January 2020 0,949 0,702 0,094

0,104