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AK Steel, Tube City enter ferrous scrap purchase agreement

AK Steel has entered into an agency agreement with Tube City LLC, Glassport, Pa., to purchase ferrous scrap for all its steelmaking facilities.

As part of the agreement, Tube City is responsible for negotiating the majority of carbon scrap and pig iron purchases for AK Steel plants in Ashland, Ky.; Butler, Pa.; and Mansfield and Middletown, Ohio. Tube City also is responsible for scheduling, logistics, and quality assurance related to ferrous scrap for the AK Steel plants.