WEST CHESTER, Ohio
Feb. 27, 2013
/PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of
per ton, effective immediately with new orders.
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,100 men and women in
; and its corporate headquarters in
, Ohio. Additional information about AK Steel is available on the company's web site at
AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs about 300 men and women in plants in
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
AK Coal Resources, Inc., another wholly-owned subsidiary of AK Steel, controls and is developing metallurgical coal reserves in
, Pennsylvania. AK Steel also owns 49.9% of Magnetation LLC, a joint venture headquartered in
Grand Rapids, Minnesota
, which produces iron ore concentrate from previously mined ore reserves.
SOURCE AK Steel