CRS
CRS
08/15/17 4:00 PM ET 
$37.69 -0.68
CRS
CRS
08/15/17 4:00 PM ET
 
$37.69 -0.68
Carpenter

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Talley Metals Announces Change to Surcharge Mechanism

HARTSVILLE, S.C.--(BUSINESS WIRE)--Sept. 22, 2006--Talley Metals, a subsidiary of Carpenter Technology Corporation (NYSE:CRS) announced that it is changing its surcharge mechanism to increase the nickel premium component to $.38/lb.

The company said that strong market demand for nickel based stainless bar products have contributed to nickel premiums rising to exceptional levels. The change in the surcharge will go into effect with shipments beginning October 1, 2006.

Talley Metals sells stainless steel long products, as well as standard precipitation-hardening grades, to U.S. metals distributors. Carpenter Technology, based in Wyomissing, Pa, is a leading manufacturer and distributor of specialty alloys, including stainless steels, titanium alloys, superalloys, and various engineered products. More information about Carpenter Technology is available at www.cartech.com.

CONTACT: Talley Metals
Lisa MacGregor, 610-208-3479
Lmacgregor@cartech.com

SOURCE: Talley Metals

Carpenter Technology CorporationCarpenter Technology Corporation

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels.

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