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AK Steel hikes flat-rolled $40/ton

Keywords: Tags  AK Steel, steel prices, flat-rolled, price increase

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 (, Jan. 16).

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