Universal Stainless hikes base price of bar products by 9-12%
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Update time : 2022-07-13 17:49:11
Universal Stainless & Alloy Products, Inc., a stainless steel manufacturer in the US, announced to hike the base price of its bar products by 9% to 12%, becoming effective immediately. The current material and energy surcharges will remain in place.
Christopher Zimmer, Executive Vice President and Chief Commercial Officer of Universal Stainless & Alloy Products, said that it is necessary to adjust its pricing to catch up with higher costs caused by sharp inflation.
