Middletown, Ohio-based AK Steel has informed customers that a $225 /nt surcharge will be added to invoices for electrical steel products shipped in September 2007. Thus, the surcharge remains unchanged compared to the August surcharge.
The company says that the surcharge is based on reported prices for raw materials and energy used to manufacture the products, with the July 2007 purchase cost used to determine the September 2007 surcharge.