Carpenter Technology Raises Prices on Stainless Steel Strip 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 ) has announced that it will increase base prices 10 percent on all precipitation hardening stainless steels 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. in strip form, effective September 1st for all new orders. Raw material surcharges will remain in effect. Carpenter said that the price increases are necessary to recover increased costs associated with materials, freight, supplies and energy. Carpenter Technology, based in Wyomissing, Pa., is leading manufacturer and distributor of specialty alloys and engineered products. More information about Carpenter and Specialty Alloys Operations is available at www.cartech.com. |
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