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Monday, January 31, 2005

Allegheny increases super-stainless prices

Allegheny Ludlum has raised book prices of tool steel plate products by 4%, of stainless steel super-austenitic sheet products by an average of 7%, and of super-stainless steel plate products by 6%. The specialty steel producer says the price increase also applies to its nickel-based alloys, superalloys and electronic alloys.

Super-stainless steel mill products are sold to end-users to make boilers, heat exchangers and industrial tubing. Transaction prices of super-stainless steel typically are based on negotiated deals. Regarding tool steel, Allegheny says the base prices for D-2 plate will be $1.53/lb, up from $1.47/lb; A-2 will be $1 from 96¢, and A-6 is being hiked to $1.19 from $1.14. (Note: Universal Stainless & Alloy Products also is raising base prices by 4% on all tool steel plate products.)

© 2005, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.

posted by MetalPro Sales at 8:10 AM  

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