Carpenter Technology Raises Prices on Stainless Steel Strip Products.
WYOMISSING, Pa. -- The Specialty Alloys Operations unit of
Carpenter Technology Corporation (NYSE:CRS) has announced that it will
increase base prices 10 percent on all precipitation hardening stainless
steels 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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