AK Steel Announces Surcharges

AK Steel, West Chester, Ohio has announced that $165 per ton surcharge will be added to invoices for electrical steel products shipped in February 2009.

February 2009 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.

AK Steel’s surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the December 2008 purchase cost used to determine the February 2009 surcharges, according to the press release.

AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets.