This month, PTG had the opportunity to help the Northwestern University Formula Racing Team by providing materials for their latest undertaking. Preston Wang, the team’s Suspension Lead, gives us a further look into the team and the process involved in building a formula race car!
The first of the year brought a newly published quarterly titanium surcharge from ATI, with no significant changes.
The 6AL-4V titanium bar and flat products surcharges dropped a penny from last quarter, to $5.18/lb. The 6AL-4V ELI surcharge followed suit, listing at $5.18/lb.
Commercially Pure Grades 2 and 4 held firm from fourth quarter 2014, at $3.70/lb for bar and flat products.
Though surcharges remain flat, lead times have greatly extended at various domestic titanium mills. Small diameter products may require 30+ weeks lead time, while larger diameters and plates are running 14-22 weeks.
ATI Allvac has marginally increased its raw material surcharge for 6AL-4V titanium products.
Surcharge changes are currently released on a quarterly basis. The fourth quarter surcharge on 6AL-4V titanium bar products is $5.19/lb, up from $4.98/lb for the third quarter. The surcharge has been creeping upwards since the second quarter of 2014, when it charted its first increase in two years.
The Commercially Pure Grade 2 surcharge remained flat at $3.70/lb for bar and flat products.
Performance Titanium Group, a leading distributor of domestic and import titanium products to the aerospace, defense, oil and gas and medical sectors, is pleased to announce that it has successfully obtained its AS9100C Certification after completing all audits without a single finding. PTG completed the audit process in December 2013 with ANAB accredited registrar, Intertek Testing Services NA, Inc., and was found to be in full compliance with the aerospace and ISO standards.
The AS9100C standard was developed by the International Aerospace Quality Group (IAQG) to standardize the quality management requirements of all levels of the supply chain in the aerospace industry. The standard establishes requirements for airworthiness, safety, product conformity, and reliability. These requirements include configuration management, design, purchasing, product realization and product monitoring and measurement. The standard also emphasizes the use of risk management and mitigation, supply chain monitoring, project management, and procedures for management and prevention of nonconforming product.
PTG’s quality system goes above and beyond the standards’ requirements in an effort to provide the highest quality titanium material and best possible service to its customers. The AS9100 standard not only helps PTG maintain a consistent quality product, but also helps to measure its progress in doing so by providing a framework for continual improvement in all areas. PTG is committed to continually improving its services and products and aims to maintain their status as one of the nation’s leading titanium suppliers. The recent AS9100C certification further asserts PTG’s dedication to meet and exceed customer requirements, thereby contributing to the success of the customer.
PTG is thrilled to have achieved this goal and is excited to share their continued successes with the aerospace community.
Performance Titanium Group is a distributor of domestic and import titanium products, including rod, forged and rolled rectangles or blocks, titanium plates and sheets. Our products are manufactured by reputable titanium producers, to ensure top-quality input for your parts. PTG prides itself on providing exceptional service and reliability to our valued customers. Your success is our personal priority.
