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AK Steel to Increase Non-Oriented Electrical Steel Prices

March 12, 2004 — AK Steel announced a $140 per ton increase in the transaction price of fully processed and semi-processed grades of Cold Rolled Non-Oriented (CRNO) electrical steels. The increase is effective with shipments on and after April 1, 2004.

Non-Oriented electrical steels are used as energy efficient core material for generators, lighting systems and electric motors.

Headquartered in Middletown, AK Steel produces flat-rolled carbon, stainless and electrical steel products for automotive, appliance, construction and manufacturing markets, as well as tubular steel products.

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