Universal Stainless announces energy surcharge
Specialty steelmaker Universal
Stainless & Alloy Products Inc. said Friday (September 23) it will implement an energy surcharge effective October 1.
The company said the surcharge is due to the rise in natural gas prices.
The surcharge amount will be published monthly on a per pound basis and will be calculated on a per ton basis using the monthly closing settlement price of the NYMEX Natural Gas Contract.