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It's reported that ATI Allegheny Ludlum announced to raise its prices for all 200 and 300 grades cold rolled sheets and narrow strips, precision rolled narrow strips and cold rolled tubular sheets and strips by lowering its functional discount by 2 percentage points.Also, the company will increase its prices for hot rolled stainless steel sheets, continuous-mill plates and hot rolled tubular sheets and strips by a price rise of US$0.02/lb.The price rise will become effective on May 6th.