Ampco-Pittsburgh Subsidiary to Increase Price on Forged Engineered Products

Author's Avatar
Oct 25, 2021

Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel” or “the Corporation”), will raise prices on its forged engineered products (FEP). This increase is effective immediately on all new orders received as of October 25, 2021, or as relevant contract terms permit. The Corporation will also implement an alloy and energy surcharge on all orders shipping on or after January 1, 2022.