Carpenter Technology Raises Prices on Stainless Steel, High Temperature Alloy Bar Products.WYOMISSING, Pa. -- The Specialty Alloys Operations unit of Carpenter Technology Corporation Carpenter Technology Corporation (NYSE:CRS) is a leading manufacturer and distributor of specialty alloys, including stainless steel and titanium, and various engineered products made from metallic and ceramic materials. (NYSE NYSE See: New York Stock Exchange :CRS CRS Course CRS Certified Residential Specialist (real estate certification) CRS Central Reservation System CRS Can't Remember Stuff (polite form) CRS Cost Reduction Strategy CRS Consumer Relations Specialist ) announced today that it is increasing prices for all grades of stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. and high temperature alloy bar products by approximately 10 percent, effective with new orders and shipments as of October 1st. Carpenter said that the increases are in response to higher demand for its products, as well as increases in manufacturing, energy and other costs. Additionally, Carpenter said all applicable surcharges would remain in effect. Carpenter Technology Corporation, based in Wyomissing, Pa., is a leading manufacturer and distributor of specialty alloys and various engineered products. More information about Carpenter is available at www.cartech.com, with selected products available online at www.carpenterdirect.com. |
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