AK Steel Announces Price Increase For Hot Roll Carbon Steel
04/08/2014 - AK Steel said on 7 April that it will increase the current spot market base price for its hot roll carbon steel to a minimum of US$700 per ton, effective immediately with new orders.
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,100 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pa.; Ashland, Ky.; Rockport, Ind.; and its corporate headquarters in West Chester, Ohio.