Steel Products
AK Steel Announces $40 Per Ton Price Increase on Flat Rolled
Written by John Packard
January 23, 2013
On Monday, January 23rd, AK Steel announced a price increase on all flat rolled steel products of $40 per ton ($2.00/cwt). The price increase is for “spot” orders only and is “effective immediately” according to the press release issued by the company.
This is the first price announcement so far during the 2013 calendar year. During calendar year 2012, AK Steel made eight price announcements on flat rolled steel totaling $320 per ton ($16.00/cwt). Last year began with prices averaging $725 per ton they peaked at $745 per ton, dropped to a low of $580 per ton before ending the year at $635 per ton.
The mill did not provide any reason for their price announcement.
Note: Should say – Mill Announces “Second” not “Fourth” Price increase in the second to last line.
John Packard
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