Price increase by Talley Metals
According to recent news in the market, subsidiary of US mill Carpenter Technology, Talley Metals Technology Inc, is planning to increase its transaction prices of all its
stainless steel products by 3% to be in effect for the orders as of February 2, 2004 and the shipments as of March 1, 2004.
Moreover, the company will implement surcharge on its
stainless steel products.
The price increase and the surcharge will be implemented due to rising cost of raw material and energy.