AK Steel Announces July 2009 Surcharges
06/05/2009 - AK Steel will add a $70-per-ton surcharge to invoices for electrical steel products shipped in July 2009.
AK Steel announced that it will add a $70-per-ton surcharge to invoices for electrical steel products shipped in July 2009.
The company noted that its surcharges are based on reported prices for the raw materials and energy used to manufacture the products. May 2009 purchase costs were used to determine the July 2009 surcharges.
AK Steel has summarized its July 2009 surcharges on its website at www.aksteel.com.
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 6200 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pa.; Ashland, Ky.; Rockport, Ind.; and its corporate headquarters in West Chester, Ohio.
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 250 men and women in plants in Walbridge, Ohio, and Columbus, Ind. AK Tube produces carbon and stainless electric resistance welded (ERW) tubular steel products for truck, automotive and other markets.
