AK Steel Announces Price Increases on Carbon Steel
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Category: Middletown Area Business
Forum Name: Middletown Area Businesses
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Printed Date: Nov 21 2024 at 1:33pm
Topic: AK Steel Announces Price Increases on Carbon Steel
Posted By: Middletown News
Subject: AK Steel Announces Price Increases on Carbon Steel
Date Posted: Sep 02 2009 at 11:40am
WEST CHESTER, Ohio, Sept. 1 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS)
said today that it will increase spot market prices for its carbon steel
products, effective with all new orders. Base prices for hot rolled products
will increase by $40 per ton. Base prices for cold rolled products will
increase by $50 per ton. And, base prices for coated products will increase
by $60 per ton.
About AK Steel
AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, appliance, construction and electrical power
generation and distribution markets. The company employs about 6,000 men and
women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate
headquarters in West Chester, Ohio. Additional information about AK Steel is
available on the company's web site at www.aksteel.com.
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 250 men and
women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces
carbon and stainless electric resistance welded (ERW) tubular steel products
for truck, automotive and other markets. Additional information about AK Tube
LLC is available on its web site at www.aktube.com.
SOURCE AK Steel
19.72 Up 0.17 (0.87%) 11:43AM ET
Media: Alan H. McCoy, Vice President, Government and Public Relations.
+1-513-425-2826, or Investors: Albert E. Ferrara, Jr., Vice President, Finance
& CFO, +1-513-425-2888, both of AK Steel
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