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Steelmaker to boost prices

Carpenter Technology Corp., citing inflation and high demand for its specialty steel, announced a 5 percent price increase on its products, effective May 1.

Carpenter Technology Corp., citing inflation and high demand for its specialty steel, announced a 5 percent price increase on its products, effective May 1.

The Wyomissing company said all surcharges on its line of products remain in effect.

Carpenter makes specialty alloys for the automotive, aerospace, energy, medical, defense and consumer products industries.    - Paul Schweizer