ATI Allegheny Ludlum hikes stainless steel prices
According to the statement released by ATI Allegheny Ludlum, the company will increase base prices of certain
stainless steel
plate mill products by 5 cents per pound effective for shipments as of October 4, 2004. This amount corresponds to a 4% increase on Type 304.
The existing raw material surcharges will remain in effect.
The prices are stated to have been increased to offset rising
manufacturing costs.