Allegheny Technologies Inc. announced that ATI Allvac is increasing prices on all nickel- and cobalt-based superalloys, vacuum-melted specialty steels and titanium alloy products by 5 to 9%.

The increases, which take effect immediately, have become necessary to help offset rising manufacturing costs and for capital investments and growth.

Allvac's existing raw materials index and surcharge policies remain in effect.

ATI Allvac, an Allegheny Technologies company, is a leading producer of high performance metals with seven manufacturing facilities in the United States and Europe. Nickel-, iron-, cobalt-, and titanium-base materials are manufactured for the aerospace, oil and gas, chemical processing, biomedical, transportation, and nuclear industries. Product includes ingot, forging billet, extrusion billet, round forging bar, round machining bar, rectangular bar, custom rolled shapes, cold drawn bar and rod, and rod, bar, and rod coil.

Allegheny Technologies Inc. is one of the largest and most diversified specialty materials producers in the world, with revenues of approximately $2.7 billion in 2004. Products include nickel- and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steels, super stainless steel, exotic alloys, which include zirconium, hafnium and niobium, tungsten materials, and highly engineered strip and Precision Rolled Strip^(R) products. Commodity specialty products include stainless steel sheet and plate, silicon and tool steels, and forgings and castings.