Carpenter Technology announces price hike
The Specialty
Alloys Operations unit of Carpenter Technology Corp has recently announced that it will increase prices of all grades of
stainless steel, high temperature and specialty alloy coil products effective for shipments and new orders as of October 1, 2004.
Base prices of strip, sheet and flat rolled products will increase by 8-12% for all electronic
alloys and 6-8% for all
stainless and alloy steels. Base prices of
wire and rod will increase by 5-7% for all
stainless steel and high temperature
alloys.
Moreover, Carpenter Specialty
Wire Products unit will increase base prices of all
wire and ribbon products by 8-12% effective for shipments and new orders as of October 1, 2004.
No change in the prevailing raw material surcharges has been announced.