AK Steel to Raise Sheet Prices $40/t – But Will it Hold and Who Will Follow?

January 21, 2013 Posted by Steel Market Intelligence

As We Predicted – AK Steel Announces Sheet Price Increase. AK Steel issued a press release on a slow holiday afternoon today announcing a $40/ton sheet price increase. We see this hike as playing both defense and offense. Defense because sheet prices had been slipping in recent weeks, and offense because we’re seeing higher prices offshore…. more

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