WEST CHESTER, Ohio,
Nov. 8, 2011 /PRNewswire/ -- AK Steel
(NYSE: AKS) said today that it will increase current spot market
base prices for all carbon flat-rolled steel products by
$50 per ton, effective immediately
with new orders.
AK Steel
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,
Ohio. Additional information about AK Steel is
available on the company's web site at www.aksteel.com.
AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs
about 300 men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces
carbon and stainless electric resistance welded (ERW) tubular steel
products for truck, automotive and other markets. Additional
information about AK Tube LLC is available on its web site at
www.aktube.com.
AK Coal Resources, Inc., another wholly-owned subsidiary of AK
Steel, owns or leases metallurgical coal reserves in Somerset County, PA. AK Steel also owns
49.9% of Magnetation LLC, a joint venture headquartered in
Nashwauk, MN, which produces iron
ore concentrate from previously mined ore reserves.
SOURCE AK Steel