NEW YORK ATI
Allegheny Ludlum Corp. will increase its base prices across
most commodity-grade stainless steel products beginning Jan.
13, the company said in a Dec. 19 letter to customers.
The increase applies
to all 200- and 300-series grades, as well as ATIs
430-grade alloy material.
Cold-rolled sheet and
strip, hot-rolled and cold-rolled tubular quality sheet and
strip, bright annealed and tempered sheet and strip, and
plate-mill plate products will all be affected, the subsidiary
of Pittsburgh-based Allegheny Technologies inc. said.
The increase will be
achieved by reducing the functional discount by 2 percentage
points, it said, adding that "the polish discount on all grades
will be lowered by 10 percent."
West Chester, Ohio-based AK Steel Corp., Ghent, Ky.-based
North American Stainless Inc. and Calvert, Ala.-based Outokumpu
Stainless USA LLC have not yet released price increases for