AK Steel hikes prices of stainless steel products

Monday, 15 March 2004 12:05:43 (GMT+3)   |  

AK Steel hikes prices of stainless steel products

According to the recent statement released from AK Steel, the company increases prices of 200, 300 and 400 series of stainless steel sheet, strip and plate products by 3% to be in effect for the shipments as of April 4, 2004. Moreover, a further increase of 3% will be effected for the shipments as of May 2, 2004. The increase in the prices will be in the form of reduction discount by 1%. The price increase is effected due to rising raw material, energy and input costs, a company official stated.

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