Carpenter Technology hikes prices
The Specialty
Alloys Operations unit of Carpenter Technology increased the base prices of all
stainless alloys by 4-7%, according to a company report released yesterday.
Carpenter also raised the base prices of premium-melted
alloys in all product forms by 6-10%.
The price increases are effective immediately on all new orders.
No change in the raw material surcharges has been announced.
The company cited strong demand and increased
manufacturing costs as the reasons behind its decision to increase prices.