Casting Specialists

 
Unicast Blog

Surcharcge Calculation – June 22, 2017

June 25th, 2017

 

This Calculation was Completed Prior  to Our Surcharge Embed.

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = 0 .5661    kwh / gross lbs melted

2. Cost per KWH =0 .0740$   /kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2016 = (2000 lbs x 0.5661  kwh/gr lb melted) x 0 .0740$/kwh = $83.78  / Gr ton melted

b. Adjusted for yield to get to $/net pound =  0.0804 $ /net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted =    0.0022$  / gross lbs.

a. Adjusted for yield = 0.00420$  /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $546   / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = 0.0043$  / gal

a. Adjusted for yield = 0.0022$ /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity -  0.0740$/net pound variance to base

b. Natural Gas – 0.00420$/net pound variance to base

c. Charge Coke – 0.07327$ /net pound variance to base

d. Water / Sewer -  0.0022$ /net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = 0 .0097$ /gross lb

a. Adjusted for yield = 0.0185$ /net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

  1. Energy total -  0.0804$  /net pound variance to base
  2. Disposal total – 0.0185$ /net pound      variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. -   0.2130$ /net pound variance to base

b. Environmentals & Disposal Increase – 0.0185$ /net pound variance to base

c. Energy Cost Increase – 0.0804$ /net pound variance to base

Subtotal -  0.3119$  /net pound variance to base. Prior to our Surcharge Embed.

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

 

As noted from the above calculation our current surcharge should be 0.3119$/net pound.

Daniel Schultz

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

June  13, 2017

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 336.06   NT 0.168 45.00% 900.00 151.20 44.09% 881.71 148.13
BASIC   PIG IRON 560.00   NT 0.280 10.00% 200.00 56.00 9.80% 195.93 54.86
Foundry   Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 45.00% 900.00 174.60 44.09% 881.71 171.05
COKE 546.00   NT 0.273 285.00 77.81 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.016 95.00 1.52 95.00 1.52
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 5.00 6.05
  STEEL 445.76   GT 0.199 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.01 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 -
FE   MANGANESE 1.73    LB 1.730 - 0.00% 0.00 -
TIN 13.96   LB 13.96 - 0.08% 1.60 22.34
100.00% 100.00%
COST   PER NET TON   336.06   361.67
COST   PER NET TON WITH RETURNS   487.26   509.80

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2051.0
RETURNS 336.06   NT 0.168 44.96% 899.28 151.08 43.88% 877.62 147.44
BASIC   PIG IRON 560.00   NT 0.280 9.99% 199.84 55.96 9.75% 234.03 54.61
Foundry   Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 44.96% 899.28 174.46 43.88% 838.62 170.26
COKE 546.00   NT 0.273 0.00% 255.00 69.62 0.00% 285.00 77.81
LIMESTONE 32.00   NT 0.016 95.00 1.52 95.00 1.52
50%   SILICON BRICK 892.00   NT 0.446 32.00 14.27 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 0.00 - 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 0.00 -
STEEL 445.76   GT 0.199 0.00% 0.00 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.010 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 0.00 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 - 0.20% 4.00 17.88
FE   MANGANESE 1.73    LB 1.730  0.00 0.20% 4.00 6.92
TIN 13.96   LB 13.96 0.08% 1.60 22.34 0.15% 3.00 41.88
100.00% 100.00%
COST   PER NET TON 345.22 398.92
COST   PER NET TON WITH RETURNS 496.30 546.36

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2095.0
RETURNS 336.06   NT 0.168 42.96% 859.19 144.34
BASIC   PIG IRON 560.00   NT 0.280 9.55% 190.93 53.46
Foundry   Pig - NT 0.000 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 42.96% 859.19 166.68
COKE 546.00   NT 0.273 0.00% 285.00 77.81
LIMESTONE 32.00   NT 0.016 95.00 1.52
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00
SUPERSEED 1.210   LB 1.210 0.00 -
STEEL 445.76   GT 0.199 3.82% 80.00 15.92
FERRO   MOLY 13.01   LB 13.01 0.24% 5.00 65.05
COPPER   CHOPS 4.29   LB 4.290 0.19% 4.00 17.16
INOCUCHROME 4.47   LB 4.469 0.29% 6.00 26.81
FE   MANGANESE 1.73    LB 1.730 0.00% 0.00 -
TIN 13.96   LB 13.96 0.00% 0.00 -
100.00%
COST   PER NET TON 444.49
COST   PER NET TON WITH RETURNS 588.83

Surcharge Calculation – April 4, 2016 – Before Embed

April 7th, 2016

 

This Calculation was Completed Prior  to Our Surcharge Embed.

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = 0 .5344    kwh / gross lbs melted

2. Cost per KWH =0 .0629$   /kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2015 = (2000 lbs x 0.538  kwh/gr lb melted) x 0 .0629$/kwh = $67.68  / Gr ton melted

b. Adjusted for yield to get to $/net pound =  0.0624 $ /net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted =    0.0023$  / gross lbs.

a. Adjusted for yield = 0.00426$  /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $546   / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = 0.0055$  / gal

a. Adjusted for yield = 0.0013$ /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity -  0.0624$/net pound variance to base

b. Natural Gas – 0.00426$/net pound variance to base

c. Charge Coke – 0.078498$ /net pound variance to base

d. Water / Sewer -  0.0013$ /net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = 0 .0130$ /gross lb

a. Adjusted for yield = 0.0242$ /net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

  1. Energy total -  0.06796$  /net pound variance to base
  2. Disposal total – 0.0242$ /net pound      variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. -   0.2129$ /net pound variance to base

b. Environmentals & Disposal Increase – 0.0242$ /net pound variance to base

c. Energy Cost Increase – 0.06796$ /net pound variance to base

Subtotal -  0.3051$  /net pound variance to base. Prior to our Surcharge Embed.

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3051$/net pound, Prior to our 4/4/16 Surcharge Embed.

Daniel Schultz

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

April  1, 2016

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 335.97   NT 0.170 45.00% 900.00 151.20 44.09% 881.71 148.13
BASIC   PIG IRON 560.00   NT 0.280 10.00% 200.00 56.00 9.80% 235.12 54.86
Foundry   Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 45.00% 900.00 174.60 44.09% 842.52 171.05
COKE 546.00   NT 0.273 285.00 77.81 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 5.00 6.05
  STEEL 445.76   GT 0.199 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.01 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 -
FE   MANGANESE 1.42    LB 1.417 - 0.00% 0.00 -
TIN 13.96   LB 13.96 - 0.08% 1.60 22.34
100.00% 100.00%
COST   PER NET TON   335.97   361.58
COST   PER NET TON WITH RETURNS   487.17   509.71

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2051.0
RETURNS 339.41   NT 0.170 44.96% 899.28 151.08 43.88% 877.62 147.44
BASIC   PIG IRON 560.00   NT 0.280 9.99% 199.84 55.96 9.75% 234.03 54.61
Foundry   Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 44.96% 899.28 174.46 43.88% 838.62 170.26
COKE 546.00   NT 0.273 0.00% 255.00 69.62 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 32.00 14.27 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 0.00 - 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 0.00 -
STEEL 445.76   GT 0.199 0.00% 0.00 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.010 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 0.00 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 - 0.20% 4.00 17.88
FE   MANGANESE 1.42    LB 1.417 0.20% 4.00 5.67
TIN 13.96   LB 13.96 0.08% 1.60 22.34 0.15% 3.00 41.88
100.00% 100.00%
COST   PER NET TON 345.13 397.58
COST   PER NET TON WITH RETURNS 496.21 545.02

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2095.0
RETURNS 339.41   NT 0.170 42.96% 859.19 144.34
BASIC   PIG IRON 560.00   NT 0.280 9.55% 190.93 53.46
Foundry   Pig - NT 0.000 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 42.96% 859.19 166.68
COKE 546.00   NT 0.273 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00
SUPERSEED 1.210   LB 1.210 0.00 -
STEEL 445.76   GT 0.199 3.82% 80.00 15.92
FERRO   MOLY 13.01   LB 13.01 0.24% 5.00 65.05
COPPER   CHOPS 4.29   LB 4.290 0.19% 4.00 17.16
INOCUCHROME 4.47   LB 4.469 0.29% 6.00 26.81
FE   MANGANESE 1.42    LB 1.417 0.00% 0.00 -
TIN 13.96   LB 13.96 0.00% 0.00 -
100.00%
COST   PER NET TON 444.40
COST   PER NET TON WITH RETURNS 588.74

Surcharge Calculation – March 31, 2015

April 6th, 2015

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = 0 .5457    kwh / gross lbs melted

2. Cost per KWH =0 .06102$   /kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2014 = (2000 lbs x 0.5457  kwh/gr lb melted) x 0 .06102$/kwh = $66.59  / Gr ton melted

b. Adjusted for yield to get to $/net pound =  0.0622 $ /net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted =    0.0033$  / gross lbs.

a. Adjusted for yield = 0.00608$  /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $546   / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = 0.0085$  / gal

a. Adjusted for yield = 0.0031$ /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity -  0.0622$/net pound variance to base

b. Natural Gas – 0.00608$/net pound variance to base

c. Charge Coke – 0.078498$ /net pound variance to base

d. Water / Sewer -  0.0031$ /net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = 0 .0130$ /gross lb

a. Adjusted for yield = 0.0234$ /net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

  1. Energy total -  0.07138$  /net pound variance to base
  2. Disposal total – 0.0234$ /net pound      variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. -   0.2180$ /net pound variance to base

b. Environmentals & Disposal Increase – 0.0234$ /net pound variance to base

c. Energy Cost Increase – 0.0714$ /net pound variance to base

Subtotal -  0.3128$  /net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3128$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

March  28, 2015

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 339.41   NT 0.170 45.00% 900.00 153.00 44.09% 881.71 149.89
BASIC   PIG IRON 560.00   NT 0.280 12.00% 240.00 67.20 11.76% 235.12 65.83
Foundry   Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 43.00% 860.00 166.84 42.13% 842.52 163.45
COKE 546.00   NT 0.273 285.00 77.81 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 5.00 6.05
  STEEL 445.76   GT 0.199 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.01 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 -
FE   MANGANESE   0.99    LB 0.988 - 0.00% 0.00 -
TIN 13.96   LB 13.96 -   0.08% 1.60 22.34
100.00% 100.00%
COST   PER NET TON 339.41   364.95
COST   PER NET TON WITH RETURNS 492.41   514.84

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2051.0
RETURNS 339.41   NT 0.170 44.96% 899.28 152.88 43.88% 877.62 149.20
BASIC   PIG IRON 560.00   NT 0.280 11.99% 239.81 67.15 11.70% 234.03 65.53
Foundry   Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 42.97% 859.31 166.71 41.93% 838.62 162.69
COKE 546.00   NT 0.273 0.00% 255.00 69.62 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 32.00 14.27 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 0.00 - 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 0.00 -
STEEL 445.76   GT 0.199 0.00% 0.00 - 1.95% 40.00 7.96
FERRO   MOLY 13.01   LB 13.010 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 0.00 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 - 0.20% 4.00 17.88
FE   MANGANESE   0.99    LB 0.988 0.20% 4.00 3.95
TIN 13.96   LB 13.96 0.08% 1.60 22.34 0.15% 3.00 41.88
100.00% 100.00%
COST   PER NET TON 348.57 399.21
COST   PER NET TON WITH RETURNS 501.45 548.41

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2095.0
RETURNS 339.41   NT 0.170 42.96% 859.19 146.06
BASIC   PIG IRON 560.00   NT 0.280 11.46% 229.12 64.15
Foundry   Pig - NT 0.000 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 41.05% 821 159.27
COKE 546.00   NT 0.273 0.00% 285.00 77.81
LIMESTONE 30.00   NT 0.015 95.00 1.43
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06
CARBON/GRAPHITE 1,512.00   NT 0.756 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00
SUPERSEED 1.210   LB 1.210 0.00 -
STEEL 445.76   GT 0.199 3.82% 80.00 15.92
FERRO   MOLY 13.01   LB 13.01 0.24% 5.00 65.05
COPPER   CHOPS 4.29   LB 4.290 0.19% 4.00 17.16
INOCUCHROME 4.47   LB 4.469 0.29% 6.00 26.81
FE   MANGANESE   0.99    LB 0.988 0.00% 0.00 -
TIN 13.96   LB 13.96 0.00% 0.00 -
100.00%
COST   PER NET TON 447.68
COST   PER NET TON WITH RETURNS 593.74

Surcharge Calculation – March 10, 2014

March 17th, 2014

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = 0 .5422    kwh / gross lbs melted

2. Cost per KWH =0 .06996$   /kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2013 = (2000 lbs x 0.5422  kwh/gr lb melted) x 0 .06996$/kwh = $75.86  / Gr ton melted

b. Adjusted for yield to get to $/net pound =  0.0695 $ /net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted =    0.0032$  / gross lbs.

a. Adjusted for yield = 0.00571$  /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $546   / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = 0.0085$  / gal

a. Adjusted for yield = 0.0031$ /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity –  0.0695$/net pound variance to base

b. Natural Gas – 0.00571$/net pound variance to base

c. Charge Coke – 0.076764$ /net pound variance to base

d. Water / Sewer -  0.0031$ /net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = 0 .0102$ /gross lb

a. Adjusted for yield = 0.0188$ /net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

  1. Energy total -  0.08907$  /net pound variance to base
  2. Disposal total – 0.0188$ /net pound      variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. –   0.2176$ /net pound variance to base

b. Environmentals & Disposal Increase – 0.0188$ /net pound variance to base

c. Energy Cost Increase – 0.0891$ /net pound variance to base

Subtotal –  0.3255$  /net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3255$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

March  10, 2014

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 339.03   NT 0.170 45.00% 900.00 153.00 44.09% 881.71 149.89
BASIC   PIG IRON 560.00   NT 0.280 12.00% 240.00 67.20 11.76% 235.12  65.83
Foundry   Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 43.00% 860.00 166.84 42.13% 842.52 163.45
COKE 546.00   NT 0.273 285.00 77.81 0.00% 285.00  77.81
LIMESTONE 22.00   NT 0.011 95.00 1.05 95.00 1.05
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06 36.00 16.06
CARBON/GRAPHITE 1,508.00   NT 0.754 4.00 3.02 4.00  3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
 SUPERSEED 1.210   LB 1.210 5.00 6.05 5.00  6.05
  STEEL 445.76   GT 0.199 - 1.95% 40.00 7.96
FERRO   MOLY 8.50   LB 8.50 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 - 0.00% 0.00 -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 -
FE   MANGANESE   0.99    LB 0.988 - 0.00% 0.00 -
TIN 13.96   LB 13.96 -   0.08% 1.60 22.34
100.00% 100.00%
COST   PER NET TON 339.03   364.57
COST   PER NET TON WITH RETURNS 492.03 514.46

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2051.0
RETURNS 339.03   NT 0.170 44.96% 899.28 152.88 43.88% 877.62 149.20
BASIC   PIG IRON 560.00   NT 0.280 11.99% 239.81 67.15 11.70% 234.03 65.53
Foundry   Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 42.97% 859.31 166.71 41.93% 838.62 162.69
COKE 546.00   NT 0.273 0.00% 255.00 69.62 0.00% 285.00 77.81
LIMESTONE 22.00   NT 0.011 95.00 1.05 95.00 1.05
50%   SILICON BRICK 892.00   NT 0.446 32.00 14.27 36.00 16.06
CARBON/GRAPHITE 1,508.00   NT 0.754 0.00 - 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00 1.50 1.00
SUPERSEED 1.210   LB 1.210 5.00 6.05 0.00 -
STEEL 445.76   GT 0.199 0.00% 0.00 - 1.95% 40.00 7.96
FERRO   MOLY 8.50   LB 8.50 0.00 - 0.00% 0.00 -
COPPER   CHOPS 4.29   LB 4.290 0.00 - 0.00% 0.00  -
INOCUCHROME 4.47   LB 4.469 0.00% 0.00 - 0.20% 4.00 17.88
FE   MANGANESE   0.99    LB 0.988 0.20% 4.00 3.95
TIN 13.96   LB 13.96 0.08% 1.60 22.34 0.15% 3.00 41.88
100.00% 100.00%
COST   PER NET TON 348.19 398.83
COST   PER NET TON WITH RETURNS 501.07 548.03

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2095.0
RETURNS 339.03   NT 0.170 42.96% 859.19 146.06
BASIC   PIG IRON 560.00   NT 0.280 11.46% 229.12 64.15
Foundry   Pig - NT 0.000 0.00% 0.00 -
MOTOR   BLOCK 434.56   GT 0.194 41.05% 821 159.27
COKE 546.00   NT 0.273 0.00% 285.00 77.81
LIMESTONE 22.00   NT 0.011 95.00 1.05
50%   SILICON BRICK 892.00   NT 0.446 36.00 16.06
CARBON/GRAPHITE 1,508.00   NT 0.754 4.00 3.02
MANGANESE   BRICK 1,334.00   NT 0.667 1.50 1.00
SUPERSEED 1.210   LB 1.210 0.00 -
STEEL 445.76   GT 0.199 3.82% 80.00 15.92
FERRO   MOLY 8.50   LB 8.50 0.24% 5.00 42.50
COPPER   CHOPS 4.29   LB 4.290 0.19% 4.00 17.16
INOCUCHROME 4.47   LB 4.469 0.29% 6.00 26.81
FE   MANGANESE   0.99    LB 0.988 0.00% 0.00 -
TIN 13.96   LB 13.96 0.00% 0.00 -
100.00%
COST   PER NET TON 424.75
COST   PER NET TON WITH RETURNS 570.81

Surcharge Calculation – July 11, 2013

July 15th, 2013

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = 0 .5422    kwh / gross lbs melted

2. Cost per KWH =0 .06996$   /kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2011 = (2000 lbs x 0.5422  kwh/gr lb melted) x 0 .06996$/kwh = $75.86  / Gr ton melted

b. Adjusted for yield to get to $/net pound =  0.0677 $ /net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted =    0.0032$  / gross lbs.

a. Adjusted for yield = 0.00571$  /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $560   / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = 0.0099$  / gal

a. Adjusted for yield = 0.0022$ /net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity –  0.0677$/net pound variance to base

b. Natural Gas – 0.00571$/net pound variance to base

c. Charge Coke – 0.074816$ /net pound variance to base

d. Water / Sewer -  0.0022$ /net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = 0 .0091$ /gross lb

a. Adjusted for yield = 0.0187$ /net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

a. Energy total -  0.08424$    /net pound variance to base

b. Disposal total – 0.0187$ /net pound variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. –   0.2416$ /net pound variance to base

b. Environmentals & Disposal Increase – 0.0187$ /net pound variance to base

c. Energy Cost Increase – 0.08424$ /net pound variance to base

Subtotal –  0.34454$  /net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3316$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

June  29, 2013

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 356.80   NT 0.178 45.00% 900.00 160.20 44.09% 881.71 156.94
BASIC   PIG IRON 616.00   NT 0.308 12.00% 240.00 73.92 11.76% 235.12  72.42
Foundry   Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR   BLOCK 454.72   GT 0.203 43.00% 860.00 174.58 42.13% 842.52 171.03
COKE 560.00   NT 0.280 285.00 79.80 0.00% 285.00  79.80
LIMESTONE 22.00   NT 0.011 95.00 1.05 95.00 1.05
50%   SILICON BRICK 954.00   NT 0.477 36.00 17.17 36.00 17.17
CARBON/GRAPHITE 1,484.00   NT 0.742 4.00 2.97 4.00 2.97
MANGANESE   BRICK 1,684.00   NT 0.842 1.50 1.26 1.50 1.26
 SUPERSEED 1.210   LB 1.210 5.00 6.05 5.00  6.05
  STEEL 445.76   GT 0.199 - 1.95% 40.00 7.96
COPPER   CHOPS 4.29   LB 4.290 - 0.00% 0.00 -
INOCUCHROME 4.45   LB 4.450 0.00% 0.00 -
FE MANGANESE  0.99  LB 0.988 - 0.00% 0.00 -
TIN 13.96   LB 13.96 -   0.08% 1.60 22.34
100.00% 100.00%
COST   PER NET TON 356.80 382.05
COST   PER NET TON WITH RETURNS 517.00 538.99

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2047.0
RETURNS 356.80   NT 0.178 44.96% 899.28 160.07 43.97% 879.34 156.52
BASIC   PIG IRON 616.00   NT 0.308 11.99% 239.81 73.86 11.72% 234.49 72.22
Foundry   Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR   BLOCK 454.72   GT 0.203 42.97% 859.31 174.44 42.01% 840.25 170.57
COKE 560.00   NT 0.280 0.00% 255.00 71.40 0.00% 285.00 79.80
LIMESTONE 22.00   NT 0.011 95.00 1.05 95.00 1.05
50%   SILICON BRICK 954.00   NT 0.477 32.00 15.26 36.00 17.17
CARBON/GRAPHITE 1,484.00   NT 0.742 0.00 - 4.00 2.97
MANGANESE   BRICK 1,684.00   NT 0.842 1.50 1.26 1.50 1.26
SUPERSEED 1.21   LB 1.21 5.00 6.05 0.00 -
STEEL 445.76   GT 0.199 0.00% 0.00 - 1.56% 32.00 6.37
COPPER   CHOPS 4.29   LB 4.290 0.00 - 0.00% 0.00  -
INOCUCHROME 4.45   LB 4.450 0.00% 0.00 - 0.39% 8.00 35.60
FE   MANGANESE 0.99 LB 0.988 0.20% 4.00 3.95
TIN 13.96LB 13.96 0.08% 1.60 22.34 0.15% 3.00 41.88
100.00% 100.00%
COST   PER NET TON 365.66 432.84
COST   PER NET TON WITH RETURNS 525.73 589.36

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2065.0
RETURNS 356.80   NT 0.178 43.84% 871.67 155.16
BASIC   PIG IRON 616.00   NT 0.308 9.74% 232.45 71.59
Foundry   Pig - NT 0.000 0.00% 0.00 -
MOTOR   BLOCK 454.72   GT 0.203 41.65% 832.93 169.08
COKE 560.00   NT 0.280 0.00% 285.00 79.80
LIMESTONE 22.00   NT 0.011 95.00 1.05
50%   SILICON BRICK 954.00   NT 0.477 36.00 17.17
CARBON/GRAPHITE 1,484.00   NT 0.742 4.00 2.97
MANGANESE   BRICK 1,684.00   NT 0.842 1.50 1.26
SUPERSEED 1.21   LB 1.21 0.00 -
STEEL 445.76   GT 0.199 1.94% 40.00 7.96
COPPER   CHOPS 4.29   LB 4.290 0.29% 6.00 -
INOCUCHROME 4.44   LB 4.440 0.58% 30.00 133.20
FE   MANGANESE 0.99 LB 0.988 0.19% 8.00 7.78
TIN 13.96LB 13.96 0.15% 1.60 22.34
100.00%
COST   PER NET TON 475.85
COST   PER NET TON WITH RETURNS 631.01

 

Surcharge Calculation – November 5, 2012

November 5th, 2012

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = .5275 kwh / gross lbs melted

2. Cost per KWH = .06996$/kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2011 = (2000 lbs x .5275 kwh/gr lb melted) x .06996$/kwh = $73.81/ Gr ton melted

b. Adjusted for yield to get to $/net pound = .0671$/net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted = .0026$ / gross lbs.

a. Adjusted for yield = 0.00472$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $558 / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = .00465$ / gal

a. Adjusted for yield = 0.0017$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity – 0.0671$/net pound variance to base

b. Natural Gas – 0.00472$/net pound variance to base

c. Charge Coke – 0.07229$/net pound variance to base

d. Water / Sewer – 0.0017$/net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = .0102$/gross lb

a. Adjusted for yield = 0.0186$/net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

a. Energy total – 0.07352$/net pound variance to base

b. Disposal total – 0.0186$/net pound variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. – 0.2333$/net pound variance to base

b. Environmentals & Disposal Increase – 0.0186$/net pound variance to base

c. Energy Cost Increase – 0.07352$/net pound variance to base

Subtotal – 0.32542$/net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.32542$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

October 31, 2012

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT     %    LBS. PER NT
COST  2046.60
RETURNS 351.82 NT 0.176 45.00% 900.00   158.40    44.06%   881.28 155.11
BASIC PIG IRON 616.00 NT 0.308 10.00% 200.00    61.60    9.79%   195.84 60.32
Foundry Pig - NT 0.000 -    -    0.00%   0.00 -
MOTOR BLOCK 454.72 GT 0.203 45.00% 900.00  182.70    44.06%   881.28 178.90
COKE 558.00 NT 0.279 285.00    79.52    0.00%   285.00 79.52
LIMESTONE 20.00 NT 0.010 95.00    0.95   95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 36.00    17.17   36.00 17.17
CARBON/GRAPHITE 1,484.00 NT 0.742 4.00    2.97   4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50    1.26   1.50 1.26
SUPERSEED 1.130 LB 1.130 5.00    5.65   5.00 5.65
    STEEL 445.76 GT 0.199   -    2.00%   40.00 7.96
FERRO MOLY - LB   -   0.00 -
INOCUCHROME 4.44 LB 4.440    0.00%   0.00 -
FE MANGANESE 1,944.00  NT 0.972   -    -   - -
TIN 13.96 LB 13.96   -    0.08%   1.60 22.34
100.00% 100.00%
COST PER NET TON 351.82 377.04
COST PER NET TON WITH   RETURNS 510.22 532.15

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2061.60
RETURNS 351.82 NT 0.176 44.96% 899.28 158.27 43.65% 873.00 153.65
BASIC PIG IRON 616.00 NT 0.308 9.99% 199.84 61.55 9.70% 194.00 59.75
Foundry Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 44.96% 899.28 182.55 43.65% 873.00 177.22
COKE 558.00 NT 0.279 0.00% 255.00 71.15 0.00% 285.00 79.52
LIMESTONE 20.00 NT 0.010 95.00 0.95 95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 32.00 15.26 36.00 17.17
CARBON/GRAPHITE 1,484.00 NT 0.742 0.00 - 4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50 1.26 1.50 1.26
SUPERSEED 1.13 LB 1.13 5.00 5.65 0.00 -
STEEL 445.76 GT 0.199 0.00% 0.00 - 1.56% 32.00 6.37
FERRO MOLY - LB 0.00 - 0.00% 0.00 -
INOCUCHROME 4.44 LB 4.440 0.00% 0.00 - 0.97% 20.00 88.80
FE MANGANESE 1,944.00 NT 0.972 0.38% 8.00 7.78
TIN 13.96LB 13.96 0.08% 1.60 22.34 0.08% 1.60 22.34
100.00% 100.00%
COST PER NET TON 360.71 464.13
COST PER NET TON WITH   RETURNS 518.98 617.78

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2079.6
RETURNS 351.82 NT 0.176 43.84% 865.62 152.35
BASIC PIG IRON 616.00 NT 0.308 9.74% 192.36 59.25
Foundry Pig - NT 0.000 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 43.84% 865.62 175.72
COKE 558.00 NT 0.279 0.00% 285.00 79.52
LIMESTONE 20.00 NT 0.010 95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 36.00 17.17
CARBON/GRAPHITE 1,484.00 NT 0.742 4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50 1.26
SUPERSEED 1.13 LB 1.13 0.00 -
STEEL 445.76 GT 0.199 1.92% 40.00 7.96
FERRO MOLY - LB 0.00% 0.00 -
INOCUCHROME 4.44 LB 4.440 1.44% 30.00 133.20
FE MANGANESE 1,944.00 NT 0.972 0.38% 8.00 7.78
TIN 13.96LB 13.96 0.08% 1.60 22.34
100.00%
COST PER NET TON 508.12
COST PER NET TON WITH   RETURNS 660.47

Surcharge Calculation – July 30, 2012

July 31st, 2012

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = .6990 kwh / gross lbs melted

2. Cost per KWH = .12438$/kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2011 = (2000 lbs x .6990 kwh/gr lb melted) x .12438$/kwh = $173.88/ Gr ton melted

b. Adjusted for yield to get to $/net pound = .1183$/net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted = .0028$ / gross lbs.

a. Adjusted for yield = 0.0050$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $586 / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = .0047$ / gal

a. Adjusted for yield = 0.0019$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

a. Electricity – 0.0671$/net pound variance to base

b. Natural Gas – 0.0050$/net pound variance to base

c. Charge Coke – 0.164$/net pound variance to base

d. Water / Sewer – 0.0019$/net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = .0103$/gross lb

a. Adjusted for yield = 0.0187$/net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

a. Energy total – 0.0740$/net pound variance to base

b. Disposal total – 0.0187$/net pound variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. – 0.2389$/net pound variance to base

b. Environmentals & Disposal Increase – 0.0187$/net pound variance to base

c. Energy Cost Increase – 0.0740$/net pound variance to base

Subtotal – 0.3316$/net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3316$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION

July 30, 2012

CLASS 25 CLASS 30
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2046.60
RETURNS 355.81 NT 0.178 45.00% 900.00 160.20 44.06% 881.28 156.87
BASIC PIG IRON 616.00 NT 0.308 10.00% 200.00 61.60 9.79% 195.84 60.32
Foundry Pig - NT 0.000 - - 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 45.00% 900.00 182.70 44.06% 881.28 178.90
COKE 586.00 NT 0.293 285.00 83.51 0.00% 285.00 83.51
LIMESTONE 20.00 NT 0.010 95.00 0.95 95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 36.00 17.17 36.00 17.17
CARBON/GRAPHITE 1,484.00 NT 0.742 4.00 2.97 4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50 1.26 1.50 1.26
 SUPERSEED 1.130 LB 1.130 5.00 5.65 5.00 5.65
    STEEL 445.76 GT 0.199 - 2.00% 40.00 7.96
FERRO MOLY - LB - 0.00 -
INOCUCHROME 4.44 LB 4.440 0.00% 0.00 -
FE MANGANESE 1,940.00  NT 0.972 - - - -
TIN 13.96 LB 13.96 -     0.08% 1.60 22.34
100.00% 100.00%
COST PER NET TON 355.81 381.03
COST PER NET TON WITH   RETURNS 516.01 537.90

_________________________________________________________________

CLASS Super 30 CLASS 35
COST COST COST
PER LB % LBS. PER NT % LBS. PER NT
COST 2006.60 2061.60
RETURNS 355.81 NT 0.178 44.96% 899.28 160.07 43.65% 873.00 155.39
BASIC PIG IRON 616.00 NT 0.308 9.99% 199.84 61.55 9.70% 194.00 59.75
Foundry Pig - NT 0.000 0.00% 0.00 - 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 44.96% 899.28 182.55 43.65% 873.00 177.22
COKE 586.00 NT 0.293 0.00% 255.00 74.72 0.00% 285.00 83.51
LIMESTONE 20.00 NT 0.010 95.00 0.95 95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 32.00 15.26 36.00 17.17
CARBON/GRAPHITE 1,484.00 NT 0.742 0.00 - 4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50 1.26 1.50 1.26
SUPERSEED 1.13 LB 1.13 5.00 5.65 0.00 -
STEEL 445.76 GT 0.199 0.00% 0.00 - 1.56% 32.00 6.37
FERRO MOLY - LB 0.00 - 0.00% 0.00 -
INOCUCHROME 4.44 LB 4.440 0.00% 0.00 - 0.97% 20.00 88.80
FE MANGANESE 1,940.00 NT 0.972 0.38% 8.00 7.78
TIN 13.96LB 13.96 0.08% 1.60 22.34 0.08% 1.60 22.34
100.00% 100.00%
COST PER NET TON 364.28 468.12
COST PER NET TON WITH   RETURNS 524.35 623.51

_________________________________________________________________

CLASS 40
COST COST
PER LB % LBS. PER NT
COST 2051.6
RETURNS 355.81 NT 0.178 43.84% 876.78 153.44
BASIC PIG IRON 616.00 NT 0.308 9.74% 194.84 60.01
Foundry Pig - NT 0.000 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 43.84% 876.78 177.99
COKE 586.00 NT 0.293 0.00% 285.00 83.51
LIMESTONE 20.00 NT 0.010 95.00 0.95
50% SILICON BRICK 954.00 NT 0.477 36.00 16.96
CARBON/GRAPHITE 1,484.00 NT 0.742 4.00 2.97
MANGANESE BRICK 1,684.00 NT 0.842 1.50 1.26
SUPERSEED 1.13 LB 1.13 0.00 -
STEEL 445.76 GT 0.199 1.92% 40.00 7.96
FERRO MOLY - LB 0.00% 0.00 -
INOCUCHROME 4.44 LB 4.440 1.44% 30.00 133.20
FE MANGANESE 1,940.00 NT 0.972 0.38% 8.00 7.78
TIN 13.96LB 13.96 0.08% 1.60 22.34
100.00%
COST PER NET TON 512.11
COST PER NET TON WITH   RETURNS 667.19

Surcharge Calculation – February 6, 2012

February 6th, 2012

I. Energy / Utilities

A. Electricity

1. Consumption per gross pound melted = .6990 kwh / gross lbs melted

2. Cost per KWH = .12438$/kwh

3. Adjusted for Yield.

4. Electricity costs per ton and pound

a. 2011 = (2000 lbs x .6990 kwh/gr lb melted) x .12438$/kwh = $173.88/ Gr ton melted

b. Adjusted for yield to get to $/net pound – 0.1671 – 0.0488= .1183$/net pound

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

B. Natural Gas

1. Dollar consumption per gross pound melted = .0054$ / gross lbs.

a. Adjusted for yield – 0.0104 – 0.0081 = 0.0023$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

C. Coke – Cupola Shop = $582 / nt purchased

a. Adjusted for yield

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

c. Coke is the primary energy source in a cupola melt operation, independent of the electricity required for the holding furnace. Increased cost is reflected in a “charge” cost calculation. (See charge cost January 23, 2011 below).

D. Water / Sewer = .0062$ / gal

a. Adjusted for yield – 0.0119 – 0.0081 = 0.0038$/net pound

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

E. Energy total

          a. Electricity – 0.0671$/net pound variance to base

                 b. Natural Gas – 0.0023$/net pound variance to base

                 c. Charge Coke – 0.164$/net pound variance to base

                 d. Water / Sewer – 0.0038$/net pound variance to base

e. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

II. Disposal Costs – Consumption per gross lb melted = .0124$/gross lb

a. Adjusted for yield – 0.0126 – 0.0065 = 0.0061$/net pound variance to base

b. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

III. Pre-charge cost calculation / Disposal and Energy

       a. Energy total – 0.0872$/net pound variance to base

                              b. Disposal total – 0.0061$/net pound variance to base

c. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

IV. Charge calculations – Base Year January 4, 2010 (See Link)

V. Total surcharge adjustment since base Year 2010.

a. Charge cost increase. - 0.2307$/net pound variance to base

b. Environmentals & Disposal Increase – 0.0061$/net pound variance to base

c. Energy Cost Increase – 0.1384$/net pound variance to base

Subtotal – 0.3752$/net pound variance to base

d. If a customer’s yield is higher or lower, it will have a significant impact and will be adjusted for accordingly.

VI. It should be noted by all, that under the Obama Administration, all of the above costs will only increase dramatically for many years to come.

As noted from the above calculation our current surcharge should be 0.3752$/net pound.

Timothy Zeh

President & CEO

_________________________________________________________________

SURCHARGE CALCULATION  

January 23, 2012

      CLASS 25     CLASS 30  
    COST     COST     COST
    PER LB % LBS. PER NT % LBS. PER NT
  COST           2041.60  
RETURNS 349.95 NT 0.173 45.00% 900.00 157.50 44.06% 881.28 154.22
BASIC PIG IRON 616.00 NT 0.308 10.00% 200.00   61.60   9.79% 195.84  60.32
Foundry Pig - NT 0.000   - - 0.00% 0.00 -
MOTOR BLOCK 454.72 GT 0.203 45.00% 900.00 182.70 44.06% 881.28 178.90
COKE 586.00 NT 0.293   285.00  83.51 0.00% 285.00  83.51
LIMESTONE 20.00 NT 0.010   95.00 0.95   95.00 0.95
50% SILICON BRICK 942.00 NT 0.477   36.00 16.96   36.00 16.96
CARBON/GRAPHITE 1,484.00 NT 0.742   4.00 2.97   4.00 2.97
MANGANESE BRICK 1,680.00 NT 0.840   1.50 1.26   1.50 1.26
STEEL 479.36 GT 0.214     - 2.00% 40.00 8.56
FERRO MOLY - LB       -   0.00 -
INOCUCHROME 4.75 LB 4.750       0.00% 0.00 -
TIN 13.96 LB 13.96     - 0.08% 1.60 22.34
      100.00%     100.00%    
                 
COST PER NET TON         349.95     375.77
COST PER NET TON WITH RETURNS     507.45     529.99 

_________________________________________________________________

      CLASS Super 30   CLASS 35  
    COST     COST     COST
    PER LB % LBS. PER NT % LBS. PER NT
  COST     2001.60     2051.60  
RETURNS 349.95 NT 0.175 44.96% 899.28 157.37 43.84% 876.78 153.44
BASIC PIG IRON 616.00 NT 0.308   9.99% 199.84   61.55   9.74% 194.84 60.01
Foundry Pig - NT 0.000 0.00% 0.00        -   0.00% 0.00              -
MOTOR BLOCK 454.72 GT 0.203 44.96% 899.28 182.55 43.84% 876.78 177.99
COKE 586.00 NT 0.293 0.00% 255.00 74.72 0.00% 285.00 83.51
LIMESTONE 20.00 NT 0.010   95.00 0.95   95.00 0.95
50% SILICON BRICK 942.00 NT 0.471   32.00 15.07   36.00 16.96
CARBON/GRAPHITE 1,484.00 NT 0.742   0.00 -   4.00 2.97
MANGANESE BRICK 1,680.00 NT 0.840   1.50 1.26   1.50 1.26
STEEL 479.36 GT 0.214 0.00% 0.00    - 2.00% 40.00 8.56
FERRO MOLY - LB     0.00    - 0.00% 0.00    -
INOCUCHROME 4.75 LB 4.750 0.00% 0.00    - 0.50% 10.00 47.50
TIN 13.96 LB 13.96 0.08% 1.60 22.34 0.08% 1.60 22.34
      100.00%     100.00%    
                 
COST PER NET TON         358.44     422.05
COST PER NET TON WITH RETURNS     515.81     575.49

_________________________________________________________________

      CLASS 40  
    COST     COST
    PER LB % LBS. PER NT
  COST     2051.6  
RETURNS 349.95 NT 0.175 43.84% 876.78 153.44
BASIC PIG IRON 616.00 NT 0.308 9.74% 194.84 60.01
Foundry Pig - NT 0.000 0.00% 0.00    -
MOTOR BLOCK 454.72 GT 0.203 43.84% 876.78 177.99
COKE 586.00 NT 0.293 0.00% 285.00 83.51
LIMESTONE 20.00 NT 0.010   95.00 0.95
50% SILICON BRICK 942.00 NT 0.471   36.00 16.96
CARBON/GRAPHITE 1,484.00 NT 0.742   4.00 2.97
MANGANESE BRICK 1,680.00 NT 0.840   1.50 1.26
STEEL 479.36 GT 0.214 1.50% 30.00 6.42
FERRO MOLY - LB   0.00% 0.00    -
INOCUCHROME 4.75 LB 4.750 1.00% 20.00 95.00
TIN 13.96 LB 13.96 0.08% 1.60 22.34
      100.00%    
           
COST PER NET TON         467.41
COST PER NET TON WITH RETURNS     620.85

Old Version

August 23rd, 2011

OLD VERSION: 

The ant works hard in the withering heat all summer long, building his house, and
laying up supplies for the winter. 

The grasshopper thinks the ant is a fool, laughs, and dances and plays the summer away. 

Come winter, the ant is warm and well fed. 
The grasshopper has no food or shelter, 
so he dies out in the cold.

MORAL OF THE OLD STORY:

Be responsible for yourself!

MODERN VERSION: 
The ant works hard in the withering heat and the rain all summer long, building his house,
and laying up supplies for the winter. 

The grasshopper thinks the ant is a fool, laughs, and dances and plays the summer away. 

Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving. 

CBS, NBC, PBS, CNN, and ABC 
show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with 
a table filled with food.
America is stunned by the sharp contrast. 

How can this be, that in a country of such wealth, this poor grasshopper is 
allowed to suffer so? 

Kermit the Frog appears on Oprah
with the grasshopper and everybody cries when they sing, ‘It’s Not Easy Being Green’

ACORN stages a demonstration in front of the ant’s house where the news stations film the group singing, We Shall Overcome.

Then Rev. Jeremiah Wright 
has the group kneel down to pray for the grasshopper’s sake. 

President Obama condemns the ant 
and blames President Bush, President Reagan, Christopher Columbus, and the Pope for the grasshopper’s plight. 

Nancy Pelosi and Harry Reid exclaim in an interview with Larry King that the ant has
gotten rich off the back of the grasshopper, 
and both call for an immediate tax hike on the ant to make him pay his fair share. 

Finally, the EEOC drafts the Economic Equity and Anti-Grasshopper Act
retroactive to the beginning of the summer. 

The ant is fined for failing to hire a proportionate number of green bugs and, 
having nothing left to pay his retroactive 
taxes, his home is confiscated by the government  Green Czar and given to the grasshopper.

The story ends as we see the grasshopper and his freeloading friends finishing the last bits of the ant’s food while the government house he is in, which, as you recall, just happens to be the ant’s old house, crumbles around them because the grasshopper does not maintain it. 

The ant has disappeared in the snow, 
never to be seen again.

The grasshopper is found dead in a drug related incident, and the house, now abandoned, is taken over by a gang of spiders who terrorize and ramshackle the once prosperous and peaceful, neighborhood. 

The entire Nation collapses bringing the rest 
of the free world with it. 

MORAL OF THE STORY: 

Be careful how you vote in 2012.

I have sent this to you because 
I believe that you are an
ant!

You may wish to pass this on to other ants, but do not bother sending it on to any grasshoppers because they would not understand it, anyway.

August 23rd, 2011
  1. Why isn’t Guantanamo closed?
  2. Why hasn’t the Patriot Act been overturned?
  3. Why haven’t we done away with the wireless wire-tapping that was so previously abhorrent?
  4. Why does Obama have in his 2019 budget 195 billion dollars for the Iraq war if we are pulling out our troops?
  5. Why were there over 30,000 earmarks passed each year that Democrats controlled congress (2009-2010)?
  6. If the Bush tax cuts were so bad, why are they still in place?
  7. Cap & Trade update the bill, where EPA officials already have admitted that the legislation would have virtually no effect on worldwide greenhouse gas emissions.
  8. Global Warming – Ask the following questions:
    1. Content of the atmosphere
    2. Percent of available land occupied by humans.
    3. The percentage of hydro carbons that are emitted into the atmosphere as the result of ALL HUMAN ACTIVITY
    4. What are the main determinants of the earth’s climate.
    5. What has happened to the global mean temperature over the last ten years?
  9. Why does National Healthcare represent rationing, most especially senior citizens, Euthanasia anyone?

10. We have been informed that the total deficit for the next 10 years according to Obama’s budget has been raised to 12 trillion dollars, meaning an average of 1.2 trillion dollars per year.

11. The above deficit means that the US will require 4.6 billion dollars per day from foreigners to absorb that debt.

12. Even with the deadline for Iran to cease nuclear weapons development having passed on 1/1/10 they continue.

13. National Healthcare and transparency. What happened to CSpan? Why can’t you or I get one of the many waivers being passed out?

14. What happened to democrat’s complaints about high oil and gasoline prices?

15. What happened to the complaints about the unemployment rate only getting to 4.6% under George W. Bush’s presidency?

16. What happened to the guarantee that the unemployment rate would not exceed 8% as the result of the stimulus?

 

How much different the reaction would be if George W Bush was President.