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NOVEMBER NEWSLETTER
October nickel averaged $ 6.53 per pound versus $ 6.20 per pound in September. This upward swing will push the December 304/304L surcharge to $ .5957 per pound. Molybdenum closes October at $21.01 per pound versus 18.06 per pound in September.  Molybdenum pricing is flying at all time high levels due to heavy demand and weak supply but the longer term outlook foresees a rapid decline as new supply comes into the market place. Molybdenum’s December surcharge will be $1.1264 per pound up from $ .9844 per pound in November. Stainless mill lead times are 8/12 weeks.

 Carbon steel pricing are inching up even further with a 2.00/cwt increase set for December.  Mill lead times are 11/12 weeks.


2304 2205 304/304L 316/316L 317/317L
December $0.4388 $1.1053 $0.5957 $1.1264 $1.4001
November $0.4017 $0.9592 $0.5370 $0.9844 $1.2179
October $0.4179 $0.9449 $0.5599 $0.9905 $1.2157
September $0.4411 $0.8718 $0.6065 $0.9855 $1.1852
August $0.3797 $0.8356 $0.5167 $0.8986 $1.1020
July

$0.3122

$0.6100

$0.4071

$0.7033

$0.8638
June

$0.3629

$0.7052

$0.4884

$0.8355

$1.0213




Last month, Brighton highlighted the cost differential between ASME F & D, 80/10 and Elliptical style heads. Feedback from last months newsletter indicated more information was needed on the 80/10 head.  So here it is ... The 80/10 head meets all the requirements of ASME pressure vessel code and features a dish radius equal to 80 percent of the head diameter and the inside knuckle radius equal to 10 percent of the head diameter. The 80/10 head should always be considered as the thickness of the head rises above 1/2" compared to an ASME F&D.  The 80/10 thickness reduction compared to an ASME F& D and the blank reduction versus an Elliptical make the 80/10 the right choice when material pricing is increasing in the marketplace (as we will be seeing in December) and especially for Nickel Alloy heads. Also note that the 80/10 head should definitely be considered in all external pressure applications due to its design.

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