AK Steel hikes stainless steel prices

Monday, 13 September 2004 09:35:54 (GMT+3)   |  

AK Steel hikes stainless steel prices

According to the statement released by Middletown-based steel producer AK Steel, the company will increase base price of type 409 hot rolled and cold rolled stainless steel sheet and strip products by approximately 5% effective for shipments as of September 27, 2004. The company officials stated that they determined to increase prices due to strong demand for the subject products and rising costs.

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