Kaiser Aluminum Posts Reduced Energy Surcharge for Octoberadmin
Kaiser Aluminum announced that the applicable energy surcharge for October shipments of fabricated products will be: 6xxx alloys: $0.019 per pound
All other alloys: $0.029 per pound
This is a reduction from the September surcharge of $0.040 per pound for 6xxx alloys and $0.056 for all other alloys. The reduction in the surcharge was driven by lower natural gas and diesel prices. The surcharges are based on a calculation tied to indices provided by the U.S. Department of Energy and are updated on a monthly basis. Customers can view the formulas for calculating surcharges on the Kaiser Aluminum Web site at www.kaiseraluminum.com. Up-to-date information on how these surcharges impact specific products are also included on the site.
Kaiser Aluminum, headquartered in Foothill Ranch, Calif., is a leading producer of fabricated aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The company’s North American facilities annually produce more than 500 million pounds of value-added sheet, plate, extrusions, forgings, rod, bar and tube products, adhering to traditions of quality, innovation and service that have been key components of our culture since the company was founded in 1946. The company’s stock is included in the Russell 2000® index. For more information, please visit www.kaiseraluminum.com.