Ampco-Pittsburgh subsidiary to increase base prices 10%-15%

Ampco-Pittsburgh announced that its subsidiary, Union Electric Steel Corporation will raise base prices 10%-15% on all forged and cast roll products that it and its subsidiaries produce globally. This increase is effective on all new quotations and new orders. Material and energy surcharges will remain in effect. The price adjustments are driven by continued inflationary cost increases in all areas of our business that are not captured by a surcharge.