ATI delaying stainless steel price hike again

Aug 27, 2014 | 05:37 PM | Rey Mashayekhi

Tags  Allegheny Technologies, ATI, stainless steel, stainless prices, North American Stainless, NAS, AK Steel, Outokumpu Stainless USA Richard Harshman

NEW YORK — Allegheny Technologies Inc.’s (ATI’s) Flat Rolled Products segment is again delaying a proposed stainless steel price increase to Sept. 29 after market leader North American Stainless Inc. (NAS) slated a hike starting in October.

The Pittsburgh-based steelmaker will increase prices for stainless cold-rolled sheet and strip, cold-rolled tubular quality sheet and strip, and precision-rolled strip products for 200-series, 300-series and Type 430 grades, the company said Aug. 26.....

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