Mill Surcharges: Surcharges announced for January went down another $.06 for 304 and $.063 for 316 by North American Stainless with similar announcements by Allegheny Technologies and Outokumpu Stainless. They each have slightly different calculations, slight pennies different but with similar results up and down. Nickel specifically looks to be rising slightly through January. Starting at $4.74/lb and as of the 28th $5.37/lb on the spot market. NAS announced surcharges for February that dropped less than $0.005 for 304 and $0.016 for 316L.
High Definition plasma: JACQUET West is pleased to announce that we have reinstated High Definition plasma cutting up through 3.0” thick. For a slight additional charge we offer high definition plasma cutting with cleaner edges and less taper. High definition plasma cutting is a nice option between standard plasma cutting and water jet cutting with a cost closer to plasma and relatively affordable.
On Time Delivery: On Time Delivery (OTD) has been a sore spot for many metal service centers over the years. Some do very well keeping above 90 or 95% on an on-going basis. JACQUET West has been plagued with infrastructure and equipment problems over the years, and has had a poor reputation for OTD. We are located near a refinery, which seems to affect the electrical power grid in the area, especially considering the high voltage and heavy power needed to run our processing equipment. Over the past year we have invested in electrical “conditioners” in front of our main processing equipment. Invested in a strong machine maintenance program and replaced some of the older electrical wiring and equipment. We think we have minimized the electrical issues and improved our up time. For 2018 we finished with 93% On Time Delivery for the year.
Import tariffs have hit most imports of stainless steel including from Europe, Asia (inc China, S. Korea and Japan), and South America. We buy from domestic mills when we can but also buy from a European mill that is subject to tariffs. Even with a 25% tariff they are competitive with one domestic mill. And they are the only mill that can produce material above 3” thick. They produce material up to 6” thick in a wide variety of grades. Interesting note that tariffs have not hit nickel alloys, because they are not considered a “steel” The Purchasing Managers Index (PMI) issued by the Institute of Supply Management (ISM), is at 54.1 as of the end of December. Anything above 50 is a positive sign. It was at 59.3 at the end of November. This 5 point drop has created some concern with economists, could that foreshadow a slow down?
JACQUET West is pleased to announce it’s participation in numerous trade shows including: Power Gen Show, FabTech Show, West Tech Show as well as attending some of the Design-2-Part Shows, AeroDef Show, Wine & Grape Symposium, AG Show and more.
Allegheny Technologies moved from an operating loss of $91 million in 2017, to a $220 million profit in 2018. With the exception of their HRPF, the balance of their major markets, especially aerospace, where strong and quite busy. Their HRPF (Hot Rolled & Processing Facility) is only running at 40% capacity. Their planned joint venture with the Indonesion affiliate of the Chinese Tsingshan Group has been hampered by the Section 232 tariffs. They have applied for exemptions from the tariffs and three domestic mills have filed rebuttals, but the final ruling has not been issued yet.
Thank you for choosing JACQUET Midwest!
We are wishing you all the joys of the Holiday Season and look forward to serving you in the coming New Year.
HOUSTON, TX – JACQUET Houston Inc. was selected by a family owned fabrication shop to supply the materials for their project awarded by the Department of the Navy.
The customer was contracted by the Department of the Navy to supply oxygen sensors for 18‐19 of their nuclear powered attack submarines.
This will be the second installment of the project that JACQUET has supplied for the same equipment destined for the Navy submarines, with the quantity increasing to four times the amount of the first installment.
The Navy continues to build the next‐generation attack submarine, the Virginia (SSN 774) class. Thirteen Virginia's have been commissioned to date and they will replace Los Angeles Class submarines as they retire.
The JACQUET Team would like to thank our customer and vendor for their support, which gave us the opportunity to participate in a project of this scale and we look forward to future opportunities.
JACQUET USA will attend Power Gen International. Orlando. December 4-6, 2018.
Visit us at booth #3600.
JACQUET Midwest reaches new heights in 5 Axis Waterjet cutting with this “All Stainless Pergola Canopy” installed on Chicago’s Magnificent Mile rooftop
We are pleased to welcome Wendy Morin as the newest member of our insides sales team in JHO. Wendy has over 10 years experience in the heat exchanger and pressure vessel industry, working for Ohmstede and Southern Heat Exchangers.
Her years of knowledge in the industry will add to our expertise on the sales desk in managing projects and BOM for our pressure vessel and heat exchanger business.
Please join me in welcoming Wendy to the JACQUET family and wish her success in her new position.
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Archie Sombillo, JACQUET Houston General Manager
We are pleased to welcome Wayne Simmons as the newest member of our outside sales team in JHO. Wayne has over 20 years experience in the oil & gas industry, working for Tyco, Curtis Wright, DXP and Tapco Enpro.
His years of knowledge and contacts in the industry will help increase our market presence in the following territories; OK, AR, CO, NM, SE LA, West Texas.
Please join me in welcoming Wayne to the JACQUET family and wish him success in his new position.
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Archie Sombillo, JACQUET Houston General Manager
JACQUET Midwest is now stocking 17-4 grade material.
Thickness range: .500” thru 1.250” in 79” wide widths.