AK Steel (AKS) Increases Spot Market Prices for Carbon Steel Products
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AK Steel (NYSE: AKS) will increase spot market prices for its carbon steel products by $50 per ton effective with new orders scheduled for delivery on September 1, 2008 and later. AK Steel said that the price increase is in response to increasing global demand for carbon steel products, as well as the need to recover increases in steelmaking inputs.
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company). [SM]
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