Olin Brass raises finished alloys prices

Olin Brass raises finished alloys prices
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Louisville, Kentucky-based GBC Metals LLC, which operates facilities under the Olin Brass name, has announced price increases on nearly 30 of its copper and brass alloy products, ranging from alloy C151 to alloy C770.

Olin says its base fabrication charge for most alloys will increase by 10 cents per pound, “with the more complex and cost-intensive light gauge products (less than .015 inches)” increasing by 25 cents per pound.

Olin says the price increases will allow it “to continue to invest in complex process capabilities and meet the increasing quality and service requirements on high-performance and complex alloy products.”

The company, in a Feb. 17, 2017 news release, says the price increases are effective immediately with all new orders and that the announcement “impacts all OEM commercial customers and all supply chain partners, including A.J. Oster and Olin Brass value added businesses.” Adds the company, “This announcement does not affect existing long-term contracts, including three-party supply chain contracts.”

Olin Brass operates six facilities in Connecticut, Illinois, Kentucky, Missouri and Ohio. Its melt shop and casting facility in East Alton, Illinois, consumes copper and brass scrap as well as zinc and tin scrap.

Olin Brass, along with Chase Brass and Copper Company and AJ Oster, are wholly owned subsidiaries of Global Brass and Copper Holdings Inc. , a Schaumberg, Illinois-based organization whose companies produce specialized copper, brass and other metal products.

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Source: Recycling Today
Olin Brass raises finished alloys prices
<![CDATA[Louisville, Kentucky-based GBC Metals LLC, which operates facilities under the Olin Brass name, has announced price increases on nearly 30 of its copper and brass alloy products, ranging from alloy C151 to alloy C770.   Olin says its base fabrication charge for most alloys will increase by 10 cents per pound, “with the more complex and cost-intensive light gauge products (less than .015 inches)” increasing by 25 cents per pound.   Olin says the price increases will allow it “to continue to invest in complex process capabilities and meet the increasing quality and service requirements on high-performance and complex alloy products.”   The company, in a Feb. 17, 2017 news release, says the price increases are effective immediately with all new orders and that the announcement “impacts all OEM commercial customers and all supply chain partners, including A.J. Oster and Olin Brass value added businesses.” Adds the company, “This announcement does not affect existing long-term contracts, including three-party supply chain contracts.”   Olin Brass operates six facilities in Connecticut, Illinois, Kentucky, Missouri and Ohio. Its melt shop and casting facility in East Alton, Illinois, consumes copper and brass scrap as well as zinc and tin scrap.   Olin Brass, along with…