WEST CHESTER, Ohio, July 15 /PRNewswire-FirstCall/ -- AK Steel (NYSE:
AKS) said today that it will increase spot market prices for its carbon
steel products by $50 per ton effective with new orders scheduled for
delivery on September 1, 2008 and later. AK Steel said that the price
increase is in response to increasing global demand for carbon steel
products, as well as the need to recover increases in steelmaking inputs.
About AK Steel
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 6,500 men
and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate
headquarters in West Chester, Ohio. Additional information about AK Steel
is available on the company's web site at http://www.aksteel.com.
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300
men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube
produces carbon and stainless electric resistance welded (ERW) tubular
steel products for truck, automotive and other markets. Additional
information about AK Tube LLC is available on its web site at
http://www.aktube.com.
SOURCE AK Steel
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Related links:
http://www.aksteel.com
http://www.aktube.com
CONTACT:
Media, Alan H. McCoy, Vice President,
Government and Public Relations, +1-513-425-2826; or Investors,
Albert E. Ferrara, Jr., Vice President, Finance & CFO,
+1-513-425-2888
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