Universal Stainless & Alloy Products, Inc., a stainless steel manufacturer in the US, announced to hike the base price of its bar products by 9% to 12%, becoming effective immediately. The current material and energy surcharges will remain in place.
Christopher Zimmer, Executive Vice President and Chief Commercial Officer of Universal Stainless & Alloy Products, said that it is necessary to adjust its pricing to catch up with higher costs caused by sharp inflation.
Post time: Aug-04-2022