What is stainless steel surcharge?

The purpose of the surcharge is to offset the rapid rise and fluctuating costs of raw materials that are included in each individual alloy. The surcharge is an additional charge, usually per pound, that is added to the base price.

What does alloy surcharge mean?

The alloy surcharge (AS) is a surcharge calculated according to the prices of the alloy elements, and is the amount by which the basic price for stainless steel increases.

Where is North American Stainless located?

Kentucky
Our location in Carroll County, Kentucky, enabled us to build a state-of-the-art production facility on 1400 acres near a major interstate highway and with direct access to the Ohio River.

How big is North American Stainless?

1100 acres
North American Stainless, part of the Acerinox Group of companies, is situated on 1100 acres in Carroll County, Kentucky. The initial facility and the carefully planned expansion phases that have followed are all part of a coordinated and comprehensive plan to create the premier facility of its kind.

How do you calculate steel surcharge?

In order to calculate the surcharge, the basic official price must be subtracted from the Daily Price. The difference is then multiplied by the raw material weight.

What is a raw material surcharge?

Raw Material Surcharges are a pricing mechanism used to reflect the impact that fluctuating raw material costs have on the selling price.

What does North American Stainless pay?

North American Stainless Salary FAQs The average North American Stainless salary ranges from approximately $78,106 per year for a Process Engineer to $115,872 per year for an Electrical Engineer.

Who owns Acerinox?

Acerinox, S.A. (Spanish pronunciation: [aθeɾiˈnoks]) is a stainless steel manufacturing conglomerate group based in Spain. The company was founded in 1970, and initially received technical support from the Japanese firm Nisshin Steel. Nisshin continues to hold approximately 15% of Acerinox as of April 2010.

What does North American Stainless make?

North American Stainless, Inc. produces stainless steel in the United States. Founded in 1990, North American Stainless is an established company that loves to hire graduates from Eastern Kentucky University, with 18.4% of its employees having attended Eastern Kentucky University.

What is the surcharge method?

Surcharges are a way to indirectly pass costs on to the consumer, by listing a charge separately from the cost of the good or service, which appears to stay at the same price.