Carpenter Technology Raises Prices on Stainless and Premium-Melted Specialty Alloys.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 4-7 percent on all stainless alloys and 6-10 percent on all premium-melted alloys in all product forms, effective immediately on all new orders. Raw material surcharges will remain in effect. Carpenter said that demand continues to be very strong for its premium melted and stainless alloy alloy (ăl`oi, əloi`) [O. Fr.,=combine], substance with metallic properties that consists of a metal fused with one or more metals or nonmetals. products. The price increases reflect the stronger demand and increased operational costs associated with energy, freight, manufacturing supplies and healthcare. Carpenter Technology, based in Wyomissing, Pa., is leading manufacturer and distributor of specialty alloys and engineered products. More information about Carpenter Technology and Specialty Alloys Operations is available at www.cartech.com. |
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