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
Dec 2021 0,976 0,740 0,099


Nov 2021 1,001 0,731 0,098


Oct 2021 1,020 0,728 0,098


Sep 2021 1,017 0,729 0,098


Aug 2021 1,003 0,735 0,099


Jul 2021 0,995 0,733 0,099


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