AK Steel increases prices for stainless steel products

January 26, 2006

AK Steel has announced that it is increasing transaction prices for all cold-rolled stainless sheet and strip products by approximately 3 percent, effective with shipments on February 19, 2006. The increase will be accomplished through a two point reduction in the functional discount rate.

The company said the price increase is in response to significant increases in manufacturing, energy and transportation costs, and to support capital investments.

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