PHILADE
LPHI A, Nov. 13, 2017 (
GLOB E NEW
SWIR E) -- Carpenter Technology Corporation (NYSE:CRS) announced today that it will implement an initial graphite electrode surcharge of $.03 - $.05 per pound for all ARC-melted alloy grades effective with shipments occurring after November 30, 2017. The new surcharge will be included as part of the monthly raw material surcharge and will be adjusted in accordance with Carpenter‘s published surcharge prices.
The new surcharge is due to a substantial increase in prices by graphite electrode manufacturers. Graphite electrodes are used as part of the ARC-melted steelmaking process.
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 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:
William J. Rudolph, Jr.
+1 610-208-3892
wrudolph
@cartech.com
Investor Inquiries:
Brainerd Communicators
Brad Edwards
+1 212-986-6667
edwards
@braincomm.com
Source: Carpenter Technology Corporation
This article appears in: News Headlines
Referenced Stocks: CRS
费城,2017年11月13日(环球电讯)-卡彭特技术公司(纽约证券交易所代码:CRS)今天宣布,2017年11月30日后发货的所有电弧炉熔炼的合金钢它将实施石墨电极附加费0.03美元-0.05美元每磅。新的附加费将作为每月原材料附加费的一部分,并将根据Carpenter公布的附加价格调整。
新的附加费是由于石墨电极制造商的价格大幅上涨所致。石墨电极被用作电弧熔炼炼钢过程的一部分。
全球范围内石墨电极高价将成常态。
公告网址:http://www.nasdaq.com/press-release/carpenter-introduces-electrode-surcharge-effective-december-1-2017-20171113-00788