ATI stainless price increase

Allegheny Technologies Inc. has announced that ATI Allegheny Ludlum is increasing selling prices of cold-rolled and hot-rolled stainless sheet and strip products, including tubular quality, and continuous-mill-plate and Precision Rolled Strip® products, by approximately 6%. In addition, the ATI Allegheny Ludlum Specialty Plate business unit is increasing selling prices by approximately 5% for 300 series alloys and approximately 10% for 400 series alloys of stainless plate-mill-plate products. All price increases are effective with shipments beginning 7 August 2006.
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