Steel Mills

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).

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