AK Steel Announces August 2007 Surcharges For Electrical and Stainless Steels
7th July, 2007
AK Steel (NYSE: AKS) has advised its customers that a $225 per ton surcharge will be added to invoices for electrical steel products shipped in August 2007. August 2007 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at http://www.aksteel.com .
AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the June 2007 purchase cost used to determine the August 2007 surcharges.
Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.