Ohio-based AK Steel announced Tuesday to customers its April 2008 surcharge for electrical steel products.
A $375 /nt ($413 /mt or $18.75 cwt.) surcharge will be added to invoices for electrical steel products shipped in April 2008, reflecting no change from the March surcharge for these products.
AK Steel used February 2008 purchase costs to determine the April surcharge, based on reported prices for raw materials and energy used to manufacture the products.