NEW YORK AK Steel Corp.
is increasing base prices for all 200-, 300- and 400-series
flat-rolled stainless steel products effective with May 6
The West Chester, Ohio-based
company said the increase will be achieved through a reduction
in the functional discount of two percentage points on
cold-rolled and hot-rolled non-automotive exhaust products.
Base prices for automotive exhaust grades will increase by 3
cents per pound effective with June 3 shipments.
ATI Allegheny Ludlum Corp., a subsidiary of Pittsburgh-based
Allegheny Technologies Inc., recently announced that it would
also be raising prices on several of its stainless steel
products effective May 6 (
amm.com, April 9).