Universal Stainless Announces Tool Steel Base Price Increase
09/10/2007 - Universal Stainless & Alloy Products will increase base prices by 5 to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities.
Universal Stainless & Alloy Products, Inc. announced base price increases of 5 to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities.
"This action is necessary to cover higher energy and operating supply costs and to support our practice of
capital reinvestment to better serve our customers," said Ken Matz, President. The company said that current material and energy surcharges would remain in effect.
The increase will be effective with all shipments on October 1, 2007.
Headquartered in Bridgeville, Pa., Universal Stainless & Alloy Products manufactures and markets a broad line of semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels. The Company's products are sold to rerollers, forgers, service centers, original equipment manufacturers and wire redrawers.
