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CARPENTER TECHNOLOGY HEADLINES

Steel Producers / Carpenter Technology

Latest News:

Carpenter Technology Announces New President and CEO
Jun. 8, 2010 - Carpenter Technology announces the selection of William A. Wulfsohn as the company’s new President and CEO, replacing Gregory A. Pratt, who is currently serving as interim CEO and President.

Talley Metals to Raise Prices on Stainless Products
May 6, 2010 - Talley Metals Technology is increasing base prices by an average of 5% on all stainless steel products, effective for orders placed on or after June 1, 2010.

AK Steel, Carpenter Announce Price Increases
May 4, 2010 - AK Steel announces increases of 6 to 9% on base prices for all 200, 300 and 400 series flat rolled stainless steel products, while Carpenter announces an average 5% increase in base prices for all specialty stainless, high temperature and electronic alloys in all product forms.

Carpenter Technology Reports Q3 Results
May 3, 2010 - Carpenter Technology Corp. reported net income of $2.1 million ($0.05 per diluted share) for the third quarter ended March 31, 2010, compared to $13.1 million ($0.30 per diluted share) for the 2009 third quarter.

Carpenter to Record Q3 Non-Cash Expense Related to New U.S. Health Care Law
Apr. 2, 2010 - Carpenter Technology will record a non-cash charge of approximately $5.9 million, or $0.13 per share, in its third quarter ending March 31, 2010, as a result of the recently enacted health care reform legislation.

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