AK Steel Stock Gets Boost After Raising Steel Prices
20 April 2016
AK Steel Holding Corp.'s stock price is set to rise today after the company said it will increase base prices for all of its stainless steel and carbon steel products.
AK Steel said Monday that it will increase base prices for all of its stainless steel products, effective with shipments on May 1, 2016. For commodity sheet and strip, specialty sheet and strip, and pipe and tube sheet and strip products, the increase will be achieved through a reduction in the functional discount of two percentage points. For all remaining stainless steel products, including.
Source : bizjournals.com