NEW YORK ATI Allegheny
Ludlum Corp. is raising prices on several of its stainless
steel products effective May 6 to "support continued growth and
The subsidiary of
Pittsburgh-based Allegheny Technologies Inc. is increasing
prices on all 200- and 300-series cold-rolled sheet and strip,
cold-rolled tubular-quality sheet and strip and
precision-rolled strip products. The increases will be achieved
by reducing the functional discount by 2 percentage points, the
company said in a letter to customers.
It also is increasing prices on
hot-rolled sheet, continuous mill plate and hot-rolled
tubular-quality sheet and strip products by 2 cents per
"This action is necessary to
support continued growth and investment in our business," the
Brackenridge, Pa.-based company said.
Ghent, Ky.-based North American Stainless Inc. (NAS) also
recently announced a 5-percent increase on its Type 304L and
316L alloy angles to "support further investment in our
amm.com, March 31).