AK Steel Announces March 2008 Surcharges
02/06/2008 - AK Steel will add a $375 per ton surcharge to invoices for electrical steel products shipped in March 2008.
AK Steel announced that it will add a $375 per ton surcharge to invoices for electrical steel products shipped in March 2008.
The company noted that its surcharges are based on reported prices for the raw materials and energy that ill be used to manufacture the products, with the January 2008 purchase costs used to determine the March 2008 surcharges.
AK Steel has summarized its March 2008 surcharges on its website.
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 6,500 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 300 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.
