Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

AK hikes flat-rolled stainless product prices

Keywords: Tags  AK Steel, stainless steel, stainless prices, 200-series, 300-series, 400-series, Thorsten Schier

NEW YORK — AK Steel Corp. will increase prices for all 200-, 300- and 400-series flat-rolled stainless products effective Dec. 30.

The hike will be achieved by reducing functional discounts on cold-rolled and hot-rolled products by 4 percentage points and increasing base prices for automotive exhaust grades by 4 cents per pound, according to the West Chester, Ohio-based steelmaker.

It is the first attempted price increase by a domestic mill on the most widely bought flat-rolled stainless grades, 304 and 316, since late February (, Feb. 29).

All four major domestic mills implemented a price increase on some stainless steel grades in late August and early September (, Sept. 4).

Market sources said that the most recent move would need support from Ghent, Ky.-based North American Stainless Inc. (NAS)—widely considered to be the domestic market leader—in order to stick.

"It really means nothing unless NAS follows," a southern distributor source said.

NAS and other large domestic producers—ThyssenKrupp Stainless USA LLC, Calvert, Ala.; and ATI Allegheny Ludlum Corp., a subsidiary of Pittsburgh-based Allegheny Technologies Inc.—hadn’t followed the move Monday.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results