AP via Yahoo Finance
AK Steel said Thursday it lowered its October surcharge for flat-rolled carbon steel slightly while nearly doubling the present surcharge for electrical steel.
The company will impose a surcharge of $154 per ton for flat-rolled carbon steel shipped in October, slightly down from the $157 surcharge in September and last October.
For electrical steel, customers will have to pay a surcharge of $90 per ton, up from a $50-per-ton surcharge in September, but well below the $295-per-ton surcharge from last October.
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