AK Steel (AKS) Added $75 Surcharge for Electrical Steel Products Shipped in August '09
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AK Steel (NYSE: AKS) has advised its customers that a $75 per ton surcharge will be added to invoices for electrical steel products shipped in August 2009.
AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the June 2009 purchase cost used to determine the August 2009 surcharges.
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. [SM]
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amba enterpises ltd. on Jul 28, 2009 05:04 AMmfg.