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