ATI Allegheny Ludlum, one of the major stainless steel producers in the US announced to hike its base prices for all 200 series grades, 300 series grades and 430 grades through cutting the functional discounts by two percentage points, effective with shipments from January 13rd, 2014. The price rise will applied on stainless products including cold rolled sheet and strip, hot rolled and cold rolled tubular quality sheet and strip, bright annealed and tempered sheet and strips. Besides, the polish discount on all grades will be reduced by 10%.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67815&division=A1
