AK Steel announces July surcharges for electrical and stainless stee
AK Steel has advised its customers that an USD 820 per ton surcharge will be added to invoices for electrical steel products shipped in July 2008.
July 2008 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company’s web site at www.aksteel.com. Due to continued increases in raw material costs, AK Steel will add a new surcharge for copper, effective with shipments on June 29th 2008.
AK Steel’s surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the May 2008 purchase cost used to determine the July 2008 surcharges.