Universal Stainless Announces Stainless Base Price Increase
21 March 2017
Universal Stainless & Alloy Products, Inc.today announced a base price increase of 5% on all stainless bar products manufactured at its Bridgeville, Dunkirk and North Jackson facilities. The increase will be effective for all new orders entered March 27, 2017 forward. Current material and energy surcharges will remain in effect.
Chris Zimmer, Executive Vice President and Chief Commercial Officer, commented, "We are committed to providing our customers high quality steel with industry leading delivery performance and lead times. This price adjustment is necessary to support our ongoing reinvestment into our facilities to better serve our customers."