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Alcoa raises coil, flat product prices by 5 pct
Edited by : AL CIRCLE
1 min read
Alcoa Inc will raise prices on some of its coil and flat sheet products by 5 percent starting March 1, the aluminum producer said late on Thursday.
The aluminum giant sent a note to its global aerospace, ground transportation and industrial and specialty products customers this week announcing the price increase on all new orders received on or after March 1.
The following product prices will be increased: 2xxx, 7xxx HT Coil & Flat Sheet 5% price increase
Alcoa said, it will honor all existing orders and firm agreements confirmed prior to March 1.
An Alcoa spokesman said the company raised these high performance alloys, because of their strong demand in the aerospace industry.
The aluminum giant sent a note to its global aerospace, ground transportation and industrial and specialty products customers this week announcing the price increase on all new orders received on or after March 1.
The following product prices will be increased: 2xxx, 7xxx HT Coil & Flat Sheet 5% price increase
Alcoa said, it will honor all existing orders and firm agreements confirmed prior to March 1.
An Alcoa spokesman said the company raised these high performance alloys, because of their strong demand in the aerospace industry.
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