Timken Latrobe Steel announced it would increase prices by 3 to 8% on all remelted aerospace alloys. The price change will be effective immediately on all new inquiries and for all new orders received beginning Dec. 1, 2005.

"This price increase will enable Timken Latrobe Steel to recover the increasing operational costs that we are experiencing throughout our entire manufacturing process," said Hans J. Sack, President of Timken Latrobe Steel. "Although Timken Latrobe Steel has a surcharge mechanism to reflect our direct consumption of natural gas, we continue to experience higher costs for operating supplies due to the effect of energy prices on our vendors' operations."

The company notes that existing raw material surcharges will remain in effect.

Timken Latrobe Steel, a subsidiary of The Timken Co., is a leading specialty steel producer in North America. The Timken Co. provides highly engineered bearings, alloy steels and related products and services.