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Updated: 9:53 a.m. Wednesday, Dec. 1, 2010 | Posted: 9:52 a.m. Wednesday, Dec. 1, 2010

Middletown steelmaker raises prices

Staff Report

AK Steel said Tuesday it will increase spot market base prices for all carbon flat-rolled steel products effective immediately with new orders.

Base prices for carbon flat-rolled products will increase by $40 per ton, the Middletown steelmaker said. The increase is in response to product demand and production costs, the company said.

The spot market serves orders for immediate or relatively quick delivery.

With a research center and steel plant in Middletown, AK is based in Butler County’s West Chester Twp. It has about 6,200 people total.

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