Universal Stainless & Alloy Products, Inc. announced a 6% price increase effective on shipments scheduled for October 1, 2004 for all bar products including flats, hexagon and square bar products manufactured at its Bridgeville, Pa., and Dunkirk, N.Y., facilities.

The price change applies to both air melt and ESR/VAR remelt orders.

Dudley J. Merchant, Vice President of Sales and Marketing, commented: "This price adjustment is needed to offset continuing increases in energy, including sharply higher electric power rates, transportation and manufacturing supply costs."

Headquartered in Bridgeville, Pa., Universal Stainless & Alloy Products, Inc. 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 original equipment manufacturers, service centers, forgers, rerollers and wire redrawers.