Carpenter Technology increases its prices
According to the recent news in the market, Specialty
Alloys Operations unit of Carpenter Technology Corp is planning to increase its base prices by 3-5%. The price increase will be effected on
stainless steel, specialty alloy
billet, coil and bar products. Moreover, prices of
stainless rod products will be increased by 5-7%.
The price increases will be in effect for the orders as of March 15, 2004.
It is also reported that, depending on the costs and the condition of the market, a further hike in the prices may be effected.