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Air Products, Lehigh Valley, PA, will increase product pricing and surcharges for merchant customers in North America, effective July 1.
The pricing adjustments include increases of up to 20 percent for liquid and bulk helium, up to 15 percent for liquid argon and microbulk, and up to 10 percent for liquid and bulk hydrogen.
Some price adjustments may be outside of these ranges based on specific situations, the company said.
The adjustments are in response to the cost impact associated with the continued low operating rates in the steel market, increasing operational costs, and delivery costs associated with specific regional supply and demand imbalances, the company also said.