AK Steel (AKS) Boosts Prices for 200, 300, 400 Series Flat Rolled Stainless Steel Products
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AK Steel (NYSE: AKS) will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on March 4, 2012. AK Steel said this increase will be achieved through a reduction in the functional discount of two percentage points for cold rolled and hot rolled products. Base prices of automotive exhaust grades and bright anneal finishes will increase by $.04 per pound.
All raw material surcharges for stainless steel products, including those for materials under .015 inch thickness, will remain in effect. Surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at www.aksteel.com.
All raw material surcharges for stainless steel products, including those for materials under .015 inch thickness, will remain in effect. Surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at www.aksteel.com.
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