Timken cites costs for aero alloy price hikes

Nov 22, 2005 | 04:46 PM | Maria Guzzo

Timken Latrobe Steel, a unit of Timken Co., Canton, Ohio, plans to increase prices on all remelted aerospace alloys between 3 and 8 percent, effective with all new orders received beginning Dec. 1.

The price increase will enable the Latrobe, Pa.,-based company to recover rising operational costs experienced throughout its entire manufacturing process, Hans J. Sack, Timken Latrobe Steel's president, said. Raw materials surcharges remain in effect.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results