AK Steel Announces Stainless Steel Price Increase

 

Middletown, OH, August 31, 2004—AK Steel (NYSE: AKS) said today that, effective with shipments on and after September 13, 2004, it will increase the gauge and width extras for certain 200, 300 and 400 series stainless steel sheet products.  In addition, AK Steel will revise slitting extras for stainless steel pipe- and tube- quality strip.  The net result will be an increase in price of 3% to 6% for AK Steel’s light gauge stainless steel products. 

The revised price schedules for stainless steel products will be available on the company’s website at www.aksteel.com, as well as from its sales representatives.

Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.