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

Talley Metals Technology Inc. today announced that it will increase base prices by approximately 5% on all premium bar products. The increase will be effective on all shipments beginning on Monday, April 2, 2012. Current monthly surcharges will remain in effect.

Talley Metals, a wholly owned subsidiary of Carpenter Technology Corporation (NYSE: CRS), produces and distributes stainless steel bar and wire.

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