May 2005
Metal Center News;May2005, Vol. 45 Issue 6, p54
Trade Publication
The article presents some pieces of news related to the metal industry. It reports that steel industry firm AK Steel Corp. has added a titanium component to its stainless steel raw material surcharge due to a nearly five-fold rise in the cost of the steelmaking alloy since the beginning of 2004. The surcharge, effective with shipments on and after May 1, will be applied to all grades of stainless steel sheet, strip and plate products that contain a titanium addition. The Specialty Alloys Operations unit of metal industry firm Carpenter Technology Corp. on May 1 began to include titanium in its raw material surcharge formula for titanium bearing grades of specialty alloys.


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