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Amstek Metal E-Newsletter
May 2016

 Greetings! 
 

Amstek Metal  is pleased to send you our May Newsletter. 

  • Market Conditions - Pricing and Supply!
  • Stainless Surcharges - May! 
Market Updates 

Stainless Strip  - Stainless strip supply continues to tighten with the antidumping actions in place against China.  This along with three of the domestic stainless strip mill producers (AK, ATI and Outokumpu) announcing a third base price increase on all stainless steel products effective with shipments on May 1, 2016. The increase will be achieved by 2% reduction in the functional discount.
 
Lead-Times from the domestic stainless strip mills are now 8-10 weeks on many grades and gauges ranges. Precision strip from several re-rollers are now at 14 weeks.  Stainless wire lead-times are still good and supply is generally good. Lead-Times from offshore suppliers of all products are running 14-16 weeks. 

Music and Chrome Silicon Wire - There have been several price increases announced over the past few weeks.  We have also seen the same type of incremental increases announced on High Carbon Strip.
 
Amstek Metal closely monitors material pricing and availability developments in the stainless and high carbon markets. Any significant changes in market conditions will be communicated in a future newsletter or through your local sales representative.  

Surcharges - May 2016
LME Nickel: The average used to calculate April stainless strip surcharges was at $3.92/lb. in April or $0.04lb. lower than the average used for the April Surcharge. Nickel is trading around $3.92 in mid-May.
 
Surcharges: Stainless wire and strip surcharges in May are up slightly.

May 2016 Stainless Surcharge information as well as previous months' data is available by clicking Surcharges.
Amstek Metal Line Card!  
Click on the links below for an overview of all of our products and processing capabilities can provide for you.
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Call Amstek Metal for a quotation on all of your
Stainless Steel & High Carbon Strip & Wire requirements.
 
Click on the above link or contact your local Sales Representative.
Amstek Metal is a Proud Member of:
 SMI Long Blue    PMA
   MSCI
MIDWEST                                                NORTHEAST
  2408 W. McDonough                               110 Dolphin Rd.
    Joliet, IL 60436                                         Bristol, CT 06010
    Ph: 800.551.9473                                     Ph: 800.359.2930
Processing Capabilities
Precision Slitting
Precision Slitting and Edging capabilities to meet all of your Stainless Steel and High Carbon precision strip requirements.
  
Thicknesses:
.002" to .094"
Widths:
.093" to 24"
  
See all of our processing capabilities including Slitting, Edging and Oscillate Winding.
Click on the link below  Processing Capabilities
Oscillate Winding & Edging
Oscillate Winding 1
Oscillating Capabilities:
  • .010" to .075" Thick
  • .250" to 1.5" Wide
  • Packaged on Reels or Cores
  • Packaged weights up to 1,200 lbs.

Edging Capabilities:

  • .010" to .075" Thick
  • .375" to 10.0" Wide
  • #1 Round Skived
  • # 4 Round Rolled
  • #5 Deburred

Check out our complete list processing capabilities. Amstek Metal Strip Processing Capabilities. 

  ISO 9001 Certification
Amstek Metal ISO 9001: 2008 Certified 
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Amstek Metal | 2408 W. McDonough St. | Joliet | IL | 60436