SteelOrbis has learned that AK Steel has advised its customers that a $420 per ton surcharge will be added to invoices for electrical steel products shipped in May 2010. May 2010 surcharges for the range of stainless steel products that AK Steel produces can be found on the company's website.
AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the March 2010 purchase cost used to determine the May 2010 surcharges.