News

September 2018 Aluminum UpdateSeptember 4, 2018

We missed out on post for August pricing, but prices came down for the month of August from $1.23 per pound in July to $1.16 per pound.  For September prices, the Midwest Average came down another $0.02 per pound in August to average $1.14 per pound.  Prices are trending up to […]

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July 2018 Aluminum UpdateJuly 2, 2018

The Midwest Average dipped in the month of June leading to a price decrease for July of $0.03 per lb as the month averaged $1.23 per lb (rounded to two places).  There still remains some uncertainty in the market due to the increased tariffs on imported aluminum.

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June 2018 Aluminum UpdateJune 4, 2018

The price for purchased material in June rose $0.03 per pound based on May’s closing Midwest Average of $1.26 per lb, rounded to 2 places.  Aluminum pricing is trending up, and it appears this increase trend will be ongoing due to the recent increase of tariffs on aluminum coming from Canada and Mexico.

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May 2018 aluminum updateMay 1, 2018

On April 6th, the US imposed sanctions on Russian aluminum producer Rusal, which supplied large amounts of aluminum to the US.  This drove a sharp increase in prices, affecting both the LME and Midwest spot premium.  Due to these sanctions, Midwest Avg. rose to $1.23 per lb, up $0.10 per lb from where […]

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March 2018 updateMarch 1, 2018

Material cost went up $0.02 per lb in March based on the published Midwest Average of $1.13 per lb (rounded to 2 places).  This is primarily due to an increase in conversion cost to billet. On a side note, MEA received our certification to the ISO 9001:2015 standard!  Current cert is […]

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    Jackson, MI 49203

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