AK Steel raises flat-rolled products $50/nt across the board

Friday, 21 January 2011 03:06:30 (GMT+3)   |  
       

West Chester, Ohio-based AK Steel announced Thursday that it will increase current spot market base prices by $2.50 cwt. ($55/mt or $50/nt) for all carbon flat-rolled steel products, effective immediately with new orders. AK Steel said that the price increase is needed to recover higher costs for steelmaking inputs, and reflects the continuing strong demand for carbon steel products.

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