AK steel increases stainless steel price

AK Steel will increase base prices for 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on August, 2013. AK Steel said this increase will be achieved through a reduction in the functional discount of two percentage points for cold rolled and hot rolled non-automotive exhaust products.
Further, effective with shipments on October 1, 2013, AK Steel will increase prices on all stainless products.
This increase will be achieved through a reduction in the functional discount of an additional two percentage points for cold rolled and hot rolled non-automotive exhaust products. The base prices for automotive exhaust grades will be increased by US$0.02 per pound to US$0.04 per pound, depending on the grade, effective on October 1, 2013.
Surcharges for the broad range of stainless steel products that AK Steel produces will remain in effect.
Previous articleOutokumpu wins contract for stainless steel coin b
Next articleTechnip wins contract for hydrogen plant in Kansas
Stainless Steel World Americas Publisher
Stainless Steel World Americas is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.