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)
February 2020 0,958 0,713 0,095

0,106

January 2020 0,949 0,702 0,094

0,104

December 2019 0,936 0,691 0,093

0,102

November 2019 0,927 0,698 0,093

0,103

October 2019 0,929 0,695 0,093

0,104

September 2019 0,915 0,707 0,095

0,106