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Updated: 9:45 a.m. Wednesday, Dec. 7, 2011 | Posted: 9:44 a.m. Wednesday, Dec. 7, 2011
Staff Report
WEST CHESTER – AK Steel said Wednesday it will increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders. Base prices will increase by $40 per ton for hot rolled carbon steel products, and by $50 per ton for cold rolled and coated carbon steel products.
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,200 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate headquarters in West Chester.
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