AK Steel Announces Price Increase For Carbon Steel Products

WEST CHESTER, Ohio, Feb. 18 /PRNewswire-FirstCall/ — AK Steel (NYSE:
AKS) said today that it will increase spot market prices for its carbon
steel products by $30 per ton for all new orders, effective immediately. AK
Steel said that the price increase is in response to increased demand for
carbon steel products, as well as the need to recover higher costs for
steelmaking inputs.

About AK Steel

AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, appliance, construction and electrical power
generation and distribution markets. The company employs about 6,500 men
and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate
headquarters in West Chester, Ohio. Additional information about AK Steel
is available on the company’s web site at http://www.aksteel.com.

AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300
men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube
produces carbon and stainless electric resistance welded (ERW) tubular
steel products for truck, automotive and other markets. Additional
information about AK Tube LLC is available on its web site at
http://www.aktube.com.

SOURCE AK Steel