Ugine & Alz announces price increase
France-based
stainless steel producer Ugine & Alz announced that it would increase base prices of
stainless steel products by Euro 50/ton effective as of February and by a further Euro 50/ton effective as of March 2006.
The company cited strong demand as the reason for the base price hike.
The company said in a statement that “In spite of these two price increases,
stainless steel base prices will remain at historically low levels”.