Date: 2013-08-01

Timken to Increase Specialty Steel Prices

Timken Latrobe Steel, a subsidiary of The Timken Company, announced it would increase prices by 5 to 10 percent on all remelted aerospace alloys, air melt stainless steel and tool steel grades. The price change will be effective with all new orders received beginning June 1, 2005. Raw material surcharges will remain in effect.

"This price increase will enable us to recover the increasing operational costs caused by several key factors, including higher costs for energy and manufacturing supplies, that we are experiencing throughout our entire manufacturing process," said Hans J. Sack, president - Timken Latrobe Steel. "In addition, this increase will assist us in responding to current and future market demands."
Timken Latrobe Steel, a subsidiary of The Timken Company, is a leading specialty steel producer in North America. The Timken Company (NYSE: TKR) ( www.timken.com ) keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered land, on the seas and in space. With operations in 27 countries, sales of $4.5 billion in 2004 and 26,000 employees, Timken is Where You Turn(TM) for better performance.

Previous: The listing of SKF's Indian subsidiary continues
Next: NASA Astronaut Visits Industrial Tectonics Bearings

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
PAK1-1/16 bearing	26.988		35.7
PAK1 bearing	25.4	139.7	68.3

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.