Steel Mills
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).
