Aleris Rolled and Extruded Products Europe announced today the following price increases:
5% on all 2xxx and 7xxx plate products for aerospace applications
8% on conversion prices for coil coat applications
6% on conversion prices for all other rolled products regarding transactions denominated in Euros and 25% on conversion prices for all other rolled products regarding transactions denominated in United States Dollars
4% on all extruded products
The price increases are in response to increased costs for energy, transport, materials and other items and is effective immediately for all new orders and contracts booked on or after July 30, 2008, that are not covered by existing contractual agreements.
Aleris Rolled and Extruded Products Europe is a global leader in high-quality aluminum products for aircraft & aerospace, automotive and industrial applications with production facilities in Koblenz, Bonn, Vogt, Bitterfeld, Germany and Duffel, Belgium. Aleris Rolled and Extruded Products Europe is a business unit of Aleris International Inc. a global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Headquartered in Beachwood, Ohio, USA, Aleris operates 47 production facilities in North America, Europe, South America and Asia, and employs approximately 8,800 employees. For more information about Aleris, please visit our Web site at http://www.aleris.com or http://www.aleris-europe.com