RE: Flat Price Announcement

Effective with shipments August 1st North American Stainless will increase prices for grades

200, 300, and 430 in Cold Rolled products. This increase will be achieved by reducing the functional discount by (2) discount points. The polish discount will be lowered by 10% and Hot Roll products in 200 and 300 series will increase by $80.00 ton

Furthermore, effective with shipments October 1st North American Stainless will increase prices for grades 200, 300, and 430 in Cold Rolled products. This increase will be achieved by reducing the functional discount another (2) discount points and Hot Roll products in 200 and 300 will increase by another $80.00 ton

These increases are necessary to support further investment in our business. All applicable surcharges will remain in effect, as outlined on our company website.

Please contact your Regional Sales Representative should you have any questions.