The Specialty
Alloys Operations unit of Carpenter Technology Corp. has announced a 10 percent base price increase on all precipitation hardening
stainless steels in strip form.
The price increase is effective September 1 for all new orders. Raw material surcharges will remain in effect.
Carpenter attributes the price increases to raw materials,
freight, supplies, and energy costs.
Wyomissing, Pennsylvania-based Carpenter Technology manufactures and distributes specialty
alloys and engineered products.