AK Steel Lowers Surcharge Slightly for Flat-Rolled Carbon Steel, Doubles Electrical Steel Surcharge

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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