Carpenter Technology Subsidiary Talley Metals Raises Prices on All Stainless Products by 5%

Talley Metals Technology Inc. today announced that it will increase base prices by approximately 5% on all stainless products. The increase will be effective on orders shipped on or after May 2, 2011. Additionally, current monthly surcharges will remain in effect. Talley Metals is a wholly owned subsidiary of Carpenter Technology Corporation CRS.