AK Steel Announces March Surcharges
02/17/2005 - AK Steel will add a $214 per ton surcharge to invoices for flat-rolled carbon steel products shipped in March 2005, an increase of $18 from February's surcharge of $196 per ton. AK Steel also advises that the March 2005 surcharge for electrical steel products will drop to $340 per ton, a decrease of $70 from the February surcharge of $410 per ton for those products.
AK Steel will add a $214 per ton surcharge to invoices for flat-rolled carbon steel products shipped in March 2005, an increase of $18 from February's surcharge of $196 per ton. AK Steel also advises that the March 2005 surcharge for electrical steel products will drop to $340 per ton, a decrease of $70 from the February surcharge of $410 per ton for those products.
AK Steel bases its surcharges on reported prices for the raw materials and energy the company uses to manufacture its products. Actual January 2005 purchase costs were used to determine the March 2005 surcharges.
AK Steel advises that March surcharges for all the company’s stainless steel products can be found on the company's website.
Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.