Alcoa Inc saidlate Thursday that it sent a note to its global aerospace,ground transportation and industrial customers announcing itwill raise prices on some of its coil and flat products on Feb.20.
"Alcoa Global Aerospace, Ground Transportation, andIndustrial & Specialty Products is announcing a price increaseeffective with all new orders received on or after February 20,"the note said.
It added that the price increase will also apply to its production schedule dates on or after May 1 for those products.
The following products will be increased:
PRODUCT PRICE INCREASE
* 5454, 5083 & 5086 High Magnesium Coil, Flat & Shate $0.07/lb C Rev
Alcoa said, it will honor all existing orders and firmagreements confirmed prior to February 20.
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