Wednesday, April 23, 2008

AK Steel To Raise Carbon-Steel Prices By $50/Ton

AK Steel Holding Corp. said Wednesday it increased spot-market prices for its carbon-steel products by $50 a ton for all new orders.

The move follows a $150-a-ton increase earlier in the month.

The West Chester, Ohio-based carbon and steel producer said the price hike is in response to increased demand for carbon steel products and the need to recover increases in steelmaking inputs.

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