NEW YORK Timken
Co. will increase base prices for noncontract orders of special
bar quality (SBQ) products 6.5 inches and smaller by $30 per
ton ($1.50 per hundredweight) effective with shipments
beginning March 10.
surcharges will remain in effect, the Canton, Ohio-based
company said in a Feb. 20 press release.
The move follows Charlotte, N.C.-based Nucor Corp.s
announcement that it would raise transactional base pricing on
all carbon and alloy SBQ rolled bar products by $30 per ton
effective with shipments March 10 (
amm.com, Feb. 10).