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ATI increases precison-rolled strip prices

Keywords: Tags  ATI Allegheny Ludlum, Allegheny Technologies, precision-rolled strip, stainless steel, base price, price increase

NEW YORK — ATI Allegheny Ludlum Corp. will increase its base prices for precision-rolled strip products for all shipments beginning Nov. 18, the company said in a Nov. 14 letter to customers.

Ludlum, a subsidiary of Pittsburgh-based Allegheny Technologies Inc., said the move will be achieved via a 5-percent increase in the net transaction price before surcharge, and will apply to products 0.015-inch thick or less.

"This action is necessary to support continued growth and investment in our business," the Brackenridge, Pa.-based company said.

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