ATI Allegheny Ludlum increases stainless steel prices

Here come the stainless price increases.

By auto exhaust alloy sheet and strip products , I assume they mean 409.

Metals News – Metals Place – from ATI Press release
Allegheny Technologies Incorporated announced Thursday that ATI Allegheny Ludlum is increasing selling prices for cold-rolled stainless steel sheet and strip products, including duplex alloys and auto exhaust alloys. Allegheny Ludlum is also increasing selling prices for stainless steel plate, tool steel, and hot-rolled sheet products.
The following price increases are effective with shipments beginning March 20, 2006:
– Selling prices for 200 series, 300 series, and non-automotive 400 series stainless steel sheet and strip products are being increased by approximately 3%.
– Selling prices for AL 2003(TM) lean duplex alloy and AL 2205(TM) duplex alloy sheet, strip, and plate products are being increased by approximately 3%.
– Selling prices for auto exhaust alloy sheet and strip products are being increased by approximately 6%.
– Selling prices for stainless steel plate-mill-plate products are being increased by approximately 4%.
– Selling prices for stainless steel continuous-mill-plate, hot-rolled sheet, and hot-rolled tubular quality coil products are being increased by approximately 6%.
– Selling prices for tool steel products are being increased by approximately 5%.
All surcharges will remain in effect. These increases are necessary to offset rising manufacturing costs and to support capital investments and growth.

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