AK Steel Continues to Increase Prices

AK Steel (AKS) has been increasing prices on its steel products since the beginning of summer (click here for a summary). The pricing for December delivery continues the trend:

“AK Steel has advised its customers that a $185 per ton surcharge will be added to invoices for electrical steel products shipped in December 2009…AK Steel’s surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the October 2009 purchase cost used to determine the December 2009 surcharges.”

(announced November 2, 2009).

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