Corus increases aerospace steel prices

Corus Speciality Steels has increased transaction prices for its aerospace products by between 4% and 10% on orders acknowledged for delivery after 1 January 2011. The price increase will apply to the full range of air melted and remelted products in ingot, slab, billet, bar and coil form, which are produced at the company’s South Yorkshire sites in the UK. Richard Lowe, Corus aerospace sales manager, said: "The demand for aerospace products has been increasing throughout the year, which has extended the lead times for materials. At the same time the outlook from aircraft manufacturers has improved. We are expecting production levels of large passenger jets, for instance, to increase from next year, which is already generating demand for raw material."

© 2009 Verlag Stahleisen GmbH