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AK Steel Announces Price Increase For Carbon Steel Products

January 3, 2018

WEST CHESTER, Ohio, Jan. 03, 2018 (GLOBE NEWSWIRE) -- AK Steel (NYSE:AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective immediately with new orders.

AK Steel
AK Steel is a leading producer of flat-rolled carbon, stainless and electrical steel products, primarily for the automotive, infrastructure and manufacturing, electrical power generation and distribution markets.  Through its subsidiaries, the company also provides customer solutions with carbon and stainless steel tubing products, die design and tooling, and hot and cold stamping.  Headquartered in West Chester, Ohio (Greater Cincinnati), the company employs approximately 9,400 men and women at manufacturing operations across seven states (Alabama, Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia), as well as Canada and Mexico.  Additional information about AK Steel is available at www.aksteel.com.

Contacts:
Media – Lisa H. Jester, Corporate Manager, Communications and Public Relations (513) 425-2510
Investors – Douglas O. Mitterholzer, General Manager, Investor Relations (513) 425-5215

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Lisa H. Jester

Corporate Manager, Communications and Public Relations

Investor Relations

Jaime Vasquez

Vice President, Finance and Chief Financial Officer

Christopher J. Ross

Vice President and Treasurer

Douglas O. Mitterholzer

General Manager, Investor Relations and Assistant Treasurer