AK Steel Announces December 2009 Surcharges for Electrical and Stainless Steels

Mon Nov 2, 2009 5:31pm EST
 
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WEST CHESTER, Ohio, Nov. 2 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS) has
advised its customers that a $185 per ton surcharge will be added to invoices
for electrical steel products shipped in December 2009.  December 2009
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.

AK Steel's surcharges are based on reported prices for raw materials and
energy used to manufacture the products, with the October 2009 purchase cost
used to determine the December 2009 surcharges.

About AK Steel
AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, appliance, construction and electrical power
generation and distribution markets.  The company employs about 6,000 men and
women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate
headquarters in West Chester, Ohio.  Additional information about AK Steel is
available on the company's web site at www.aksteel.com.

AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 250 men and
women in plants in Walbridge, Ohio and Columbus, Indiana.  AK Tube produces
carbon and stainless electric resistance welded (ERW) tubular steel products
for truck, automotive and other markets.  Additional information about AK Tube
LLC is available on its web site at www.aktube.com. 

SOURCE  AK Steel

Media - Alan H. McCoy, Vice President, Government and Public Relations
+1-513-425-2826; or Investors - Albert E. Ferrara, Jr., Vice President,
Finance & CFO +1-513-425-2888

 

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