Extrusions North America plans to increase base prices on all
extruder products by 3 cents per pound.
The move is necessary
because of increased costs for billet, aluminum scrap and
power, the company said in a letter to customers dated Feb. 19.
While Rosemont, Ill.-based Sapa has "held the line on pricing,"
it said it is now necessary to "pass along a portion of these
The move is effective
for all new orders accepted on or after March 3 and for
shipments on or after March 10, Sapa said. Firm metal contracts
and supply agreements directly tied to an end-use customer
wont be affected by the change, the company said.
Sapas move was followed by Prince George, Va.-based
Service Center Metals LLC (SCM), which also increased
conversion prices by 3 cents per pound effective March 3 for
all new orders and with all shipments after March 10, according
to a customer letter dated Feb. 19. Firm metal agreements
wont be impacted by the increase, SCM said.