NEW YORK GBC Metals LLC, part of Olin Brass Inc., plans
to increase prices for its light-guage, narrow-width and
specialty finish products beginning with June 28 shipments.
The increases are anywhere from a couple of cents to
mid-teens depending on the thickness of the product, Olin
Brass vice president of marketing and sales Thomas Werner told
AMM April 15.
Olin also plans to increase all reroll product prices 5 cents
There is significant disparity between the
manufacturing cost and the customer conversion charges for
light-gauge, narrow-width and specialty finish products, all of
which require more processing time and labor than other
products, Olin Brass said.
We have concluded that this disparity has existed for
decades and is the result of historical pricing grids that do
not reflect todays cost differential of producing these
products, vice president of marketing and sales Thomas J.
Werner said in a statement.
Light-gauge and narrow-width products require more
processing steps, more equipment time, more labor, and they
incur more supplies and more utility expense. The current
pricing structure simply does not reflect these operational
costs or the disproportionate impact of inflation on these
As a result, Olin Brass has announced new price schedules that
reflect fabrication adders applying to all alloys, including
100- and 200-series and high-performance alloys.
The price change affects all original equipment manufacturing
commercial customers, as well as supply chain partners such as
A.J. Oster LLC and all of Olin Brass downstream