TO OUR VALUED CUSTOMERS
May
2008 Steel Scrap Surcharges
The following surcharges will be in effect
for the month of May 2008. Surcharges will be billed based on the
average of MacSteel, Republic, Timken and Steel Dynamics charges. All
prices are $/cwt.
The Scrap
Surcharges for May:
$25.07 Cwt
($.2507
per lb
.)
Alloy
Surcharges for May:
Grade
41XX
$ 9.32 Cwt ($ .0932 lb.)
43XX
$ 31.57 Cwt ($ .3157 lb.)
48XX
$ 49.26 Cwt ($ .4926 lb.)
86XX
$ 15.10 Cwt ($ .1510 lb.)
88XX
$ 19.89 Cwt ($ .1989 lb.)
We will continue to advise you of the
applicable Surcharges as soon as information is received from the mills.
Sincerely
Stephen J. Lefere
President
ISO
9001:2000 Registered
Member
Forging Industry Association
