ATI Allegheny Ludlum hikes CR steel prices

Tuesday, 22 March 2005 14:11:18 (GMT+3)   |  

ATI Allegheny Ludlum hikes CR steel prices

ATI Allegheny Ludlum will increase prices for T309, T310 and T330 cold rolled stainless steel sheet, strip, plate, continuous mill plate and Tubular Quality sheet and strip by approximately 5%, company sources report. The price increase, which will be effective for shipments as of March 28, 2005, will be in the form of a 3% reduction in the company's offered discount. Existing raw material surcharges will remain in effect. ATI reportedly raised prices in an effort to offset rising manufacturing costs.

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