AK Steel Raises May Surcharges

It cites higher costs.
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AK Steel

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, a flat and specialist steel producer, said it raised surcharges on products shipped in May to cover higher raw material and energy costs.

The Middletown, Ohio-based company said a surcharge of $190 a ton on its flat-rolled carbon steel products and $215 a ton on electrical steel products will be added to their invoices.

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