Universal Stainless announces low alloy VAR bar base price increase
Universal Stainless & Alloy Products, Inc. has announced a base price increase of 5 percent on all low alloy VAR quality bar products manufactured at its Bridgeville, Dunkirk and North Jackson facilities. The increase will be effective for all new orders entered Feb. 27 forward. Current material and energy surcharges will remain in effect.
Chris Zimmer, Executive Vice President and Chief Commercial Officer, commented, “We are committed to providing our customers high quality steel with industry leading delivery performance and lead times. This price adjustment is necessary to support our ongoing reinvestment into our facilities to better serve our customers.”