AK Steel announces stainless steel price increase

Monday, 17 March 2014 01:12:47 (GMT+3)   |   San Diego
       

AK Steel announced Friday that the company will increase prices for all of its stainless steel products, effective with shipments on April 1, 2014. AK Steel said the increase will be achieved through a discount reduction of two percentage points. For all products priced using net prices, including automotive exhaust products, the increase will be achieved by adding $2.00 cwt. ($22/mt or $20/nt) to the existing prices. Surcharges for stainless steel products that AK Steel produces will remain in effect, and can be found under the Markets and Products section of the company’s website

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