Carpenter to Implement a New Electrode Surcharge Effective March 1, 2018
February 28 2018 - 8:30AM
Carpenter Technology Corporation (NYSE:CRS) announced today that it
is implementing a new surcharge due to the continued rise in
Graphite electrode costs, beginning with deliveries on March
1, 2018. The new surcharge will be within a range of
$.05 - $.07 per pound for all ARC-melted alloy grades. The
surcharge will be included as part of the monthly raw material
pricing.
About Carpenter Technology
Carpenter Technology Corporation is a leading
producer and distributor of premium specialty alloys, including
titanium alloys, nickel and cobalt based superalloys, stainless
steels, alloy steels and tool steels. Carpenter’s
high-performance materials and advanced process solutions are an
integral part of critical applications used within the aerospace,
transportation, medical and energy markets, among other
markets. Building on its history of innovation, Carpenter’s
metal powder technology capabilities support a range of
next-generation products and manufacturing techniques, including
additive manufacturing and 3D Printing. Information about
Carpenter can be found at www.cartech.com.
Media
Inquiries: |
Investor
Inquiries: |
William J.
Rudolph, Jr. |
The
Plunkett Group |
+1
610-208-3892 |
Brad
Edwards |
wrudolph@cartech.com |
+1
212-739-6724 |
|
brad@theplunkettgroup.com |
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