For new procurement professionals or those that have the exciting responsibility of managing an aluminum category for the first time, this brief on the 5 best practices of metal-based sourcing can help with upcoming supplier negotiations. This brief describes how to use cost breakdowns to separate out the conversion/processing costs from metal prices, why one should buy by the weight vs. the each, the importance of “3” in supply awards and two other best practices all designed to help reduce cost of goods sold.
Links to more producers and distributors at bottom of page
All prices /lb
Allegheny Ludlum
AK Steel/
Cleveland Cliffs
Allegheny Distributor
304
316
304
316
304
316L
1/24
$.9701$1.424712/23
$1.005$1.4761$.9302$1.3976 $1.29 $1.7711/23
$1.0315$1.6247$0.9622$1.5330$1.33$1.9510/23
9/23
8/23
7/23
6/23
5/23
4/23
3/23
2/23
1/23
12/22
11/22
10/22
9/22
8/22
7/22
6/22
5/22
4/22
3/22
2/22
1/22
12/21
11/21
10/21
9/21
8/21
7/21
6/21
5/21
4/21
3/21
2/21
1/21
12/20
11/20
10/20
9/20
8/20
7/20
6/20
5/20
4/20
3/20
2/20
1/20
12/19
11/19
10/19
9/19
8/19
7/19
$.5554
$.8389
$.5499
$.8334
$.72
$1.01
6/19
$.6110
$.8932
$.6044
$8867
$.78
$1.07
5/19
$.6630
$.9537
$.6604
$.9523
$.85
$1.15
4/19
$.6721
$.9686
$.6698
$.9663
$.86
$1.17
3/19
$.6142
$.8784
$.6060
$.8703
$.79
$1.06
2/19
$.5678
$.8228
$.5696
$.8272
$.73
$.99
1/19
$.5697
$.8389
$.5668
$.8360
$.73
$1.01
12/18
$.6303
$.9018
$.6302
$.9017
$.81
$1.09
11/18
$.6666
$.9460
$.6689
$.9484
$.86
$1.14
10/18
$.6700
$.9556
$.6649
$.9511
$.86
$1.15
9/18
$.7376
$1.0291
$.7342
$1.0258
$.94
$1.23
8/18
$.7699
$1.0378
$.7615
$1.0306
$.99
$1.25
7/18
$.8048
$1.0930
$.8009
$1.0892
$1.04
$1.32
6/18
$.7524
$1.0445
$.7620
$1.0541
$.97
$1.26
5/18
$.7334
$1.0288
$.7491
$1.0462
$.94
$1.24
4/18
$.7290
$1.0358
$.7283
$1.0351
$.93
$1.24
3/18
$.6502
$.9460
$.6715
$.9668
$.84
$1.14
2/18
$.6066
$.8643
$.6332
$.8845
$.78
$1.04
1/18
$.5511
$.7460
$.5891
$.7750
$.71
$.90
12/17
$.6191
$.8054
$.6321
$.8183
$.79
$.97
11/17
$.5731
$.7485
$.5761
$.7529
$.73
$.90
10/17
$.6136
$.7982
$.6133
$.7978
$.78
$.96
9/17
$.4948
$.6627
$.4946
$.6578
$.63
$.80
8/17
$.4509
$.5777
$.4443
$.5774
$.57
$.70
7/17
$.4325
$.5689
$.4323
$.5685
$.55
$.69
6/17
$.5403
$.6921
$.5400
$.6937
$.68
$.83
5/17
$.5687
$.7390
$.5684
$.7387
$.72
$.89
4/17
$.6016
$.7608
$.6012
$.7602
$.76
$.92
3/17
$.5933
$.7335
$.5929
$.7331
$.75
$.87
2/17
$.5955
$.7235
$.5952
$.7207
$.75
$.87
1/17
$.6285
$.7570
$.6282
$.7566
$.80
$.91
12/16
$.4698
$.6058
$.4695
$.6055
$.61
$.73
11/16
$.4418
$.5811
$.4474
$.6141
$.57
$.70
10/16
$.3948
$.5433
$.3945
$.5425
$.51
$.65
9/16
$.4298
$.5819
$.4295
$.5778
$.56
$.70
8/16
$.4010
$.5427
$.4006
$.5423
$.52
$.65
7/16
$.3536
$.5090
$.3533
$.5086
$.45
$.61
6/16
$.3668
$.4918
$.3665
$.4854
$.47
$.59
5/16
$.3433
$.4333
$.3429
$.4326
$.44
$.54
4/16
$.3315
$.4190
$.3313
$.4190
$.43
$.50
3/16
$.3195
$.4003
$.3192
$.4012
$.41
$.48
2/16
$.3321
$.4155
$.3305
$.4134
$.43
$.50
1/16
$.3352
$.4112
$.3350
$.4108
$.43
$.49
12/15
$.3893
$.4723
$.3893
$.4711
$.51
$.58
11/15
$.4148
$.5113
$.4033
$.5113
$.54
$.62
10/15
$.4244
$.5317
$.4242
$.5316
$.55
$.64
9/15
$.4720
$.5939
$.4716
$.5933
$.61
$.72
8/15
$.5204
$.6546
$.5200
$.6542
$.68
$.79
7/15
$.5716
$.7515
$.5715
$.7515
$.74
$.90
6/15
$.5911
$.7848
$.5907
$.7842
$.77
$.94
5/15
$.5659
$.7649
$.5656
$.7657
$.74
$.92
4/15
$.6134
$.8202
$.6131
$.8198
$.80
$.99
3/15
$.6506
$.8701
$.6513
$.8743
$.85
$1.06
2/15
$.7038
$.9449
$.7034
$.9444
$.92
$1.14
1/15
$.7607
$1.0127
$.7605
$1.0137
$.99
$1.22
12/14
$.7210
$.9738
$.7212
$.9733
$.94
$1.17
11/14
$.7818
$1.0626
$.7815
$1.0622
$1.02
$1.28
10/14
$.8845
$1.2479
$.8842
$1.2486
$1.15
$1.50
9/14
$.8856
$1.2614
$.8855
$1.2610
$1.16
$1.52
8/14
$.8979
$1.2789
$.8975
$1.2785
$1.17
$1.54
7/14
$.8914
$1.3088
$8910
$1.3082
$1.16
$1.54
6/14
$.8967
$1.2857
$.8963
$1.2851
$1.17
$1.55
5/14
$.7858
$1.1565
$.7855
$1.0956
$1.02
$1.33
4/14
$.7194
$.9803
$.7192
$.9799
$.93
$1.18
3/14
$.6776
$.9318
$.6779
$.9320
$.88
$1.12
2/14
$.6677
$.9156
$.6674
$.9153
$.86
$1.10
1/14
$.6509
$.8933
$.6505
$.8935
$.84
$1.07
12/13
$.6626
$.9110
$.6623
$.9106
$.86
$1.09
11/13
$.6388
$.8753
$.6391
$.8757
$.83
$1.06
10/13
$.6389
$.8802
$.6388
$.8798
$.83
$1.06
9/13
$.6519
$.8907
$.6516
$.8903
$.84
$1.07
8/13
$.6355
$.8821
$.6353
$.8874
$.82
$1.06
7/13
$.6641
$.9447
$.6622
$.9423
$.86
$1.14
6/13
$.6851
$.9760
$.6856
$.9779
$.89
$1.17
5/13
$.7404
$1.0395
$.7406
$1.0407
$.97
$1.25
4/13
$.7689
$1.0795
$.7686
$1.0791
$1.00
$1.35
3/13
$.8104
$1.1432
$.8099
$1.1427
$1.06
$1.37
2/13
$.7846
$1.1193
$.7839
$1.1163
$1.03
$1.35
1/13
$.7751
$1.0945
$77.47
$1.0941
$1.01
$1.32
12/12
$.7299
$1.0307
$.7310
$1.0295
$.95
$1.24
11/12
$.7928
$1.1163
$.7955
$1.1210
$1.04
$1.34
10/12
$.7642
$1.0854
$.7663
$1.0840
$.99
$1.30
9/12
$.7362
$1.0396
$.7331
$1.0407
$.96
$1.25
8/12
$.7559
$1.0982
$.7550
$1.1002
$.98
$1.32
7/12
$.7971
$1.1601
$.7948
$1.1601
$1.04
$1.39
6/12
$.8486
$1.2307
$.8469
$1.2302
$1.10
$1.48
5/12
$.8743
$1.2674
$.8723
$1.2643
$1.14
$1.52
4/12
$.9386
$1.3550
$.9397
$1.3548
$1.22
$1.63
3/12
$.9947
$1.4236
$.9958
$1.4247
$1.30
$1.71
2/12
$.9267
$1.3200
$.9278
$1.3198
$1.21
$1.49
1/12
$.8633
$1.2378
$.8639
$1.2380
$1.12
$1.49
12/11
$.8883
$1.2607
$.8914
$1.3957
$1.16
$1.52
11/11
$.9285
$1.3701
$.9111
$1.3035
$1.18
$1.57
10/11
$1.0352
$1.4720
$1.0356
$1.4728
$1.35
$1.77
9/11
$1.1429
$1.6095
$1.1423
$1.6091
$1.50
$1.93
8/11
$1.0925
$1.5751
$1.0923
$1.5749
$1.43
$1.89
7/11
$1.1792
$1.7000
$1.1799
$1.7006
$1.54
$1.30
6/11
$1.2757
$1.8254
$1.2760
$1.8256
$1.67
$2.19
5/11
$1.3034
$1.8562
$1.3037
$1.8566
$1.71
$2.23
4/11
$1.3587
$1.9453
$1.3923
$1.9470
$1.79
$2.34
3/11
$1.2497
$1.7937
$1.2495
$1.7936
$1.64
$2.15
2/11
$1.1631
$1.6682
$1.1618
$1.6666
$1.52
$2.00
1/11
$1.0996
$1.5882
$1.0988
$1.5875
$1.44
$1.91
12/10
$1.1293
$1.6088
$1.1281*
$1.6078*
$1.48
$1.87
11//10
$1.0853
$1.5595
$1.086*
$1.5601*
$1.42
$1.78
10/10
$1.016
$1.4764
$1.0616*
$1.4766*
$1.33
$1.77
09/10
$.9398
$1.3468
$.9391*
$1.3461*
$1.23
$1.62
08/10
$.9619
$1.3777
$.9612*
$1.377*
$1.25
$1.65
07/10
$1.0834
$1.579
$1.131*
$1.7523*
$1.41
$1.89
06/10
$1.2745
$1.8328
$1.2748
$1.8330
$1.67
$2.20
05/10
$1.1013
$1.3644
$1.1005
$1.6171
$1.44
$1.94
04/10
$.9115
$1.3644
$.9104
$1.3632
$1.19
$1.64
03/10
$.8368
$1.2473
$.8371
$1.2478
$1.09
$1.50
02/10
$.7319
$1.0561
$.7337
$1.0578
$.96
$1.27
01/10
$.7050
$1.0207
$.7047
$1.0203
$.93
$1.23
12/09
$.7856
$1.1437
$.7859
$1.1441
$1.03
$1.37
11/09
$.7562
$1.1568
$.7560
$1.1565
$1.10
$1.60
10/09
$.8342
$1.3315
$.8335
$1.331
$1.10
$1.60
9/09
$.6634
$1.009
$.6637
$1.0092
$.87
$1.21
8/09
$.58
$.8602
$.5799
$.8598
$.76
$.97
7/09
$.4696
$.7053
$.4695
$.7052
$.62
$.78
6/09
$.3766
$.5624
$.3371
$.5152
$.49
$.62
5/09
$.3377
$.5152
$.3370
$.5145
$.44
$.62
4/09
$.384
$.5777
$.3841
$.5778
$.57
$.78
3/09
$.4378
$.6526
$.4373
$.6519
$.57
$.78
2/09
$.4125
$.6112
$.4094
$.6080
$.53
$.74
1/09
$.5352
$.7431
$.5348
$.7428
$.68
$.89
12/08
$.7143
$1.3166
$.6972
$1.2999
$.91
$1.58
11/08
$1.1223
$1.94
$1.1173
$1.935
$1.43
$2.33
10/08
$1.2950
$2.1414
$1.2879
$2.1344
$1.64
$2.57
9/08
$1.4169
$2.2686
$1.4042
$2.2557
$1.81
$2.72
8/08
$1.4903
$2.3617
$1.4742
$2.3441
$1.89
$2.97
7/08
$1.5951
$2.4842
$1.5872
$2.4762
$2.05
$2.98
6/08
$1.6776
$2.6053
$1.6701
$2.5978
$2.17
$3.13
5/08
$1.6931
$2.6657
$1.6886
$2.6612
$2.21
$3.20
4/08
$1.4754
$2.4816
$1.4728
$2.4159
$1.92
$3.08
3/08
$1.4137
$2.3516
$1.4121
$2.3501
$1.85
$2.82
2/08
$1.3008
$2.2064
$1.2991
$2.2047
$1.70
$2.65
1/08
$1.4801
$2.4517
$1.4784
$2.4299
$1.95
$2.94
12/07
$1.4617
$2.4159
$1.4607
$2.4148
$1.93
$2.90
11/07
$1.3523
$2.2981
$1.3632
$2.2982
$1.80
$2.76
10/07
$1.2664
$2.1844
$1.2667
$2.1846
$1.65
$2.62
9/07
$1.5329
$2.5080
$1.5303
$2.5065
$2.01
$3.01
8/07
$1.8926
$2.9864
$1.8901
$2.984
$2.50
$3.58
7/07
$2.2838
$3.4734
$2.2810
$3.4706
$2.95
$3.95
6/07
$2.2098
$3.2930
$2.2072
$3.2904
$2.95
$3.95
5/07
$2.0128
$3.0543
$2.0103
$3.0519
$2.69
$3.67
4/07
$1.7421
$2.6703
$1.7406
$2.6688
$2.33
$3.20
3/07
$1.5248
$2.3962
$1.5257
$2.3971
$2.04
$2.88
2/07
$1.4254
$2.2681
$1.4215
$2.2642
$1.89
$2.72
1/07
$1.3141
$2.1488
$1.3407
$2.1394
$1.75
$2.57
12/06
$1.3369
$2.1793
$1.3295
$2.1719
$1.78
$2.62
11/06
$1.2855
$1.2285
$1.2323
$2.0832
$1.64
$2.50
10/06
$1.2571
$2.1077
$1.2568
$2.1074
$1.66
$2.53
9/06
$1.0952
$1.8479
$1.0952
$1.8479
$1.45
$2.22
8/06
$0.8444
$1.5454
$0.8444
$1.5454
$1.08
$1.85
7/06
$0.8546
$1.5679
$0.8524
$1.5658
$1.10
$1.88
6/06
$0.7098
$1.3276
$0.7077
$1.3255
$0.93
$1.59
5/06
$0.5656
$1.1485
$0.5637
$1.1466
$0.75
$1.38
4/06
$0.5736
$1.1556
$0.5694
$1.1514
$0.75
$1.39
3/06
$0.5544
$1.2163
$0.5450
$1.0956
$0.73
$1.33
Prices reflected are published prices on company's and may not reflect actual
price charged.
These prices do not reflect possible base price changes during period shown.
Allegheny Ludlum archives surcharges back to 3/04 on their
website
AK Steel archives surcharges back to 1/00 on their
website
Brown Metals surcharges on their
website
*effective 7/2010, AK prices shown are for 28 gauge thickness and greater
only (thinner has higher surcharge)
Other stainless steel producer surcharge pages
North American Stainless // Universal Stainless // Carpenter Technology // Schmolz
Rolled Metal Products // Steel Dynamics //
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