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USAP - Universal Stainless announces base price increase for long products
Universal Stainless & Alloy Products Inc.
Universal Stainless & Alloy Products (USAP) raises a base price by 3% to 10% on all long products.The increase is effective immediately for all new orders, and current material and energy surcharges will remain in effect.In last month the Company had raised prices of its all bar products.Chris Zimmer, EVP and CCO: “.. Given the current inflationary environment, this price adjustment is necessary to support our operations and ongoing reinvestments into our facilities to better serve our customers.”