Timken to Increase Prices on Thermal Treated Steel Products
06/19/2007 - Timken will increase prices on double and triple thermal treated product, effective with shipments from Jan. 1, 2008.
The Timken Co. announced price increases on double and triple thermal treated product.
Effective with shipments from Jan. 1, 2008, bar product prices will increase by $50 per ton, and tubing product prices will increase by 10%.
The company says that at this time, prices on as-rolled and single thermal treated products are not affected. However, raw material surcharges will remain in effect.
Timken provides innovative friction management and power transmission products and services. In 2006, approximately 25,000 employees generated sales of $5.0 billion from operations in 26 countries.
