Universal Stainless raises prices

Universal Stainless & Alloy Products Inc. has announced a 3% price increase effective with orders placed 2 September 2003 for 15-5 and 17-4 precipitating hardening products as well as all other steel grades requiring electro-slag or vacuum-arc remelting, including the Company’s high-strength, low-alloy grade products. The Company will continue to apply all surcharges that are currently in effect. Mac McAninch, President and CEO, commented: “This change is necessary due to higher manufacturing costs associated with the production of these more sophisticated products.” About Universal Stainless & Alloy Products, Inc. Universal Stainless & Alloy Products, Inc., headquartered in Bridgeville, Pa., manufactures and markets a broad line of semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels. The Company’s products are sold to original equipment manufacturers, service centers, forgers, rerollers and wire redrawers.

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