WEST CHESTER, Ohio,
Oct. 1, 2013 /PRNewswire/ -- AK Steel (NYSE: AKS) said
today that it has increased current spot market base prices for all
carbon flat-rolled steel products. Effective immediately, the
company will be quoting the following minimum base prices for new
orders:
Minimum Base Prices for New Orders
- Hot Rolled: $680 per
ton
- Cold Rolled: $790 per
ton
- Hot Dipped Galvanized: $810
per ton
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 6,100 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, produces metallurgical coal from reserves in Somerset County, Pennsylvania. AK Steel
also owns 49.9% of Magnetation LLC, a joint venture headquartered
in Grand Rapids, Minnesota, which
produces iron ore concentrate from previously mined ore
reserves.
SOURCE AK Steel