Base price increase for tool steels at Universal Stainless

Friday, 29 September 2006 09:34:07 (GMT+3)   |  
Universal Stainless & Alloy Products, Inc. of Bridgeville, Pennsylvania announced Friday their base price increases on all tool steel products manufactured at its Bridgeville and Dunkirk facilities. The base price increases will be in the range of 5% to 7% effective with all shipments starting October 9, 2006. Current material and energy surcharges will remain in effect. Vice President of Sales and Marketing, Richard Hack, mentioned, “This action is necessary to cover higher energy and operating supply costs and to support our practice of capital reinvestment to better serve our customers.” Universal Stainless & Alloy Products Inc. manufactures semi-finished and finished specialty steels, including stainless, tool steel, and other alloyed steels.

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