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 […]
February 2018 material cost updateFebruary 1, 2018
Raw material cost is increasing for the month of February due to a jump in the Midwest Average in January. January’s Midwest Average rounded to two decimals ended at $1.11 per lb, which is up $0.08 per lb from December’s Average of $1.03 per lb. It appears, based on current trading, that prices may continue […]
January 2018 price decreaseJanuary 4, 2018
Raw material prices dropped this month due to a decrease of $0.02 per lb in December’s Midwest Average. A preliminary look at the traded price in January, though, is indicating an increase in prices in February.
December 2017 PricingDecember 1, 2017
Due to a decrease in Midwest Premium, material pricing is decreasing $0.01 per lb for December. The new price for December is based on $1.05 per pound Midwest Average (rounded to 2 decimals).
November 2017 Raw Material IncreaseNovember 1, 2017
Prices on extrusions went up $0.02 per pound this month due to an increase in the Midwest Average / LME price over the prior month. Prices in October were based on a $1.04 per pound Midwest Average, but will be based on $1.06 per pound in November.