NEW YORK AK Steel Corp.
has increased base prices for all carbon flat-rolled steel
products by $40 per ton ($2 per hundredweight).
The West Chester, Ohio-based
steelmaker said Jan. 21 that the move was effective immediately
with all new orders.
A number of sheet buyers said last week they expected an
increase was imminent, but that a potential price hike could
prove challenging due to lackluster demand (
amm.com, Jan. 16).