BBC NEWS | Business | Material costs ‘hit steel firms’: “Steel production could be cut across the world following a rise in the cost of raw materials,

[…] firms might be forced to concentrate production on the most profitable products if they cannot pass cost rises on to customers.

An increase in the demand for steel in China had forced the cost of raw materials up by 22% last year, it said.

there [is] a ‘real risk of steel shortages developing’. “

AK Steel Announces Stainless Steel Price Increases

ATI Allegheny Ludlum Announces Price Increase for Stainless Steel Products

United States Steel Corporation Reports 2003 Fourth Quarter and Full-Year Results: “To cover unprecedented increases in raw material and transportation costs, the company announced a $30 per ton surcharge on all products effective February 1, 2004, which will remain in effect until further notice. The company also announced additional increases of $50 per ton for hot-rolled products and hot strip mill plate, and increases of $60 per ton for cold-rolled and coated sheet products, effective April 4, 2004.”

Forbes.com: AK Steel raises prices, adds surcharge on steel: “it raised its prices for hot-rolled steel by $50 per ton. Prices for cold-rolled and coated steel were increased by $60 per ton.”