NEW YORK North
American Stainless Inc. (NAS) is increasing prices for
martensitic and precipitation-hardening bar grades between
⅞ and 1.5 inches in diameter by 5 percent effective with
shipments July 1.
"This increase is
necessary to support further investment in our business," the
Ghent, Ky.-based company said.
NAS recently announced lower stainless steel surcharges for
amm.com, June 24).