August 5, 2008
AK Steel Announces September 2008 Surcharges for Electrical and Stainless Steels
WEST CHESTER, Ohio, Aug. 5 /PRNewswire-FirstCall/ -- AK Steel has advised its customers that a $1,040 per ton surcharge will be added to invoices for electrical steel products shipped in September 2008. September 2008 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at http://www.aksteel.com/ .
AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the July 2008 purchase cost used to determine the September 2008 surcharges.
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. The company employs about 6,500 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate headquarters in West Chester, Ohio. Additional information about AK Steel is available on the company's web site at http://www.aksteel.com/ .
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300 men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and stainless electric resistance welded (ERW) tubular steel products for truck, automotive and other markets. Additional information about AK Tube LLC is available on its web site at http://www.aktube.com/ .
CONTACT: Media: Alan H. McCoy, Vice President, Government and PublicRelations, +1-513-425-2826, Investors: Albert E. Ferrara, Jr., Vice President,Finance & CFO, +1-513-425-2888, both of AK Steel
Web site: http://www.aksteel.com/http://www.aktube.com/