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DECEMBER NEWSLETTER  - As predicted last month, Nickel jumped to $15.68 per pound average in December up a buck a pound versus $14.5668 per pound in November.

Strong stainless steel demand (which consumes two thirds of all nickel mined) has spiked the pricing in the market place. Moly averages are just slightly down.  Stainless deliveries are 10 to 20  weeks depending on the mill.

Carbon pricing has stabilized in the market and mills are cutting back production to keep prices from falling.  Some carbon mills are beginning to include the surcharge in their pricing structure.  Mill lead times range from 6 to 8 weeks.

Have you heard? - Rumor has it that 2205 plate prices may increase an estimated 4-5%  by months end.

        
   
   

SURCHARGE UPDATE 

 

Alloy 276 2205 304/304L 316/316L 317/317L
February,2007 $13.1315 $1.7971 $1.4106 $2.2533 $2.6845
January $12.5718 $1.7611 $1.3141 $2.1488 $2.5755
December $12.6577 $1.7777 $1.3370 $2.1793 $2.6097
November $10.9396 $1.7594 $1.2286 $2.0794 $2.5140
October $9.2239 $1.7332 $1.2571 $2.1077 $2.5420
September $9.4300 $1.5537 $1.0952 $1.8479 $2.2321
August $8.0547 $1.4091 $0.8444 $1.5454 $1.9043

 

 

EXCEEDING CUSTOMERS EXPECTATIONS ONE HEAD AT A TIME . . .

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  • Half Pipe and Dimple Jackets

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