Superseding ATI Allegheny Ludlum's price increase announcement dated January 24th 2012 and effective with shipments beginning February 27th 2012, ATI Allegheny Ludlum is increasing prices for all ATI 201, ATI 301 and ATI 430 grades of cold rolled sheet and strip and tubular quality sheet and strip products.

This increase will be achieved by reducing the functional discount by two percentage points.

Additionally, all prices for emission control alloys and bright anneal finishes will increase by USD 0.04 per pound and Precision Rolled Strip® Products prices will increase by 5% to 12%.