New UK stainless price increase
Outokumpu have announced a second stainless steel base price increase of the year for the UK market. The first increase of 7% was applied for new production commencing April 2009 and now today have announced as below:-
Stainless Steel Flat & Tubular Products
As a result of extending lead times and the continued pressure of exchange rates, Outokumpu Stainless is increasing prices of all austenitic and ferritic cold rolled sheet and coil, hot rolled continuously produced plate, and effective for all deliveries from 1st May 2009.
Material supplied from all stock routes, including our Service Centres, will be subject to the same price increase with immediate effect.
The detailed price increases are as follows:
• Austenitic CR sheet / coil 10% Increase
• Ferritic CR sheet / coil 10% Increase
• Continuously produced plate 10% Increase
• Quarto Plate 10% Increase
• All tubular pipe and fittings 10% Increase
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