ATI Allegheny Ludlum announced that it would increase prices for T309, T310 and T330 cold-rolled stainless steel sheet, strip, plate, continuous mill plate and Tubular Quality sheet and strip by approximately 5%.

The increase, which is effective with shipments on March 28, 2005, will be achieved by reducing the discount by 3 percentage points. All surcharges will remain in effect.

The company states that the increase is necessary to help offset rising manufacturing costs and for capital investment and growth.