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    Market Segment

    October 2, 2013

    AK Steel Announces Price Increase

    Written by Sandy Williams

    AK Steel joined NLMK and ArcelorMittal in raising spot market base prices for all carbon flat-rolled steel products.  Effective immediately, the company will be quoting the following minimum base prices for new orders:

    Minimum Base Prices for New Orders:

    – Hot Rolled:  $680 per ton
    – Cold Rolled:  $790 per ton
    – Hot Dipped Galvanized:  $810 per ton

    AK Steel did not give a reason for the rise in prices at this time and its new prices mirror those of ArcelorMittal on hot and cold rolled but are $20 per ton higher than AM on coated (+$40 over NLMK USA on coated).

    Sandy Williams

    Read more from Sandy Williams

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