AK Steel will increase spot market transaction prices for its Regular Grain Oriented and Tran-Cor(R) H electrical steel products, effective with shipments on and after August 1, 2005.

AK Steel will apply an increase of 18% over current base market prices for the company’s Mill-Anneal (glass film) finish and Lite Carlite(R) grain-oriented grades, which are commonly used in distribution transformers and other wound-core transformer applications.

The company will also increase transaction prices for grain-oriented and Tran-Cor H grades with a full Carlite coating by 43% over current base market prices. These steel products are commonly used in stacked core transformers.

AK Steel said it also expects new contract pricing for oriented electrical steels to increase by similar amounts, reflecting strong worldwide demand for the products. In addition, AK Steel noted that its raw material surcharge will continue for electrical steel products.

Headquartered in Middletown, 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.