Exhibit 23.1



                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in this Registration
Statement on Form S-4 of our report dated August 13, 2001 relating to the
financial statements, which appears in Carpenter Technology Corporation's Annual
Report on Form 10-K for the year ended June 30, 2001. We also consent to the
incorporation by reference of our report dated August 13, 2001 relating to the
financial statement schedule, which appears in such Annual Report on Form 10-K.
We also consent to the reference to us under the heading "Experts" in such
Registration Statement.


/s/ PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
October 11, 2001