AK Steel sets May surcharges
AK Steel has advised its flat-rolled carbon steel customers that a $190 per ton surcharge will be added to invoices for products shipped in May 2006. The company also has advised its electrical steel customers that a $215 per ton surcharge will be added to invoices for electrical steel products shipped in May 2006. May 2006 surcharges for the stainless steel products that the company produces can be found on its Web site.
The surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the March 2006 purchase cost used to determine the May 2006 surcharges.