AK Steel to Increase Carbon Steel Prices
11/20/2009 - AK Steel says it will increase spot market prices for its carbon steel products, effective January 1, 2010.
AK Steel announced that it will increase spot market prices for its carbon steel products, effective January 1, 2010.
Base prices for hot rolled products will increase by $20 per ton over the company's current spot market prices, while base prices for cold rolled and coated products will increase by $30 per ton.
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 6000 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.
