Universal Stainless & Alloy Products Inc.
) announced that it has raised the base prices by 5% on all
premium melted grades for products manufactured at its
Bridgeville, Dunkirk and North Jackson facilities. The revision
will be effective Apr 1, 2014, or as contracts permit. Existing
material and energy surcharges will remain in effect.
This move testifies Universal Stainless' commitment in providing
its customers high quality steel with industry leading delivery
performance and lead times. The price revision is also declared
to support the company's ongoing reinvestment strategy in the
facilities to better serve the customers.
On Mar 5, Universal Stainless' Bridgeville, Dunkirk and North
Jackson facilities achieved Pratt & Whitney's Laboratory
Control at Source (LCS) approval. This approval will enable the
company to capitalize on its synergies and provide additional
product into the supply chain.
LCS is the system that certifies the testing and control of
specified materials and processes used in Pratt & Whitney's
aerospace products. Meeting the LCS standards is an important
achievement for Universal Stainless. This breakthrough will allow
Universal Stainless to gain approvals from other industry leading
companies in the targeted markets.
Moreover, Universal Stainless' North Jackson, OH facility
achieved OHSAS 18001:2007 certification for the occupational
health and safety activities related to melting, forging, heat
treatment and finishing metal products, on Mar 3. OHSAS
18001:2007 is a process-based certification that recognizes
organizations that link business objectives with operating
This achievement will add to Universal Stainless' commitment
toward maintaining a healthy and safe working environment, which
is necessary for the success of the North Jackson facility and
the continued growth of the company.
Universal Stainless currently carries a Zacks Rank #5 (Strong
Other metals companies having favorable Zacks Rank are
Mitsui & Co. Ltd.
Noranda Aluminum Holding Corp.
Worthington Industries, Inc.
). All of these stocks carry a Zacks Rank #2 (Buy).
MITSUI (MITSY): Get Free Report
NORANDA ALUMINM (NOR): Free Stock Analysis
UNVL STAINLESS (USAP): Free Stock Analysis
WORTHINGTON IND (WOR): Free Stock Analysis
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