Carpenter changes surcharge mechanism
The Specialty Alloys Operations unit of Carpenter Technology Corporation has announced that it is to change its surcharge mechanism to increase the nickel premium component from 30 cent/pound to 38 cents/pound effective for shipments as of October 1, 2006. The company said that strong demand for nickel-based super-alloys and stainless products have contributed to nickel premiums rising to exceptional levels.
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