AK Steel announced a price increase today of $30 per ton for hot rolled products and $40 per ton for cold rolled and all coated products effective immediately for new orders. They are the 3rd mill this week to release price increases, behind Duferco Farrell and Nucor.

AK Steel's press release said "that the price increase is in response to increased demand for carbon steel products, as well as the need to recover higher costs for steelmaking inputs."