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Metal
Market Prices
Nickel
Surcharge information can be obtained here!
At
Creative Assemblies, Inc. we aim to supply our customers
with knowledge and quality products. We welcome the
opportunity to share our resources with you.
The
LME Nickel Cash Average Price was above
our Nickel Base price of $/LB, so surcharges will
again be in effect for the entire month of .
For
an illustration of how the Nickel surcharge is calculated,
LME Nickel Cash Average Price was $/LB.
This yields an 80% Nickel wire surcharge as follows:
($ - $) X 1.15 X 0.80 = $ per pound of
coiled wire. The 15% adder is present to cover the
transaction fees, contango charges, insurance and
delivery of the nickel material. It is also to cover
the losses of material that occur when melting known
as "stack losses". Always confirm the price
of nickel applied to your transaction when dealing
in any product based on the price of nickel.
Want
to learn more about the metals market? Visit the London
Metal Exchange (LME) Web site for current nickel
prices and other facts and figures. We're also linked
directly to the Metal
Prices.Com Web site for all sorts of timely data.
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