AK Steel Announces Price Increase For Carbon Steel Products

         AK Steel Announces Price Increase For Carbon Steel Products

PR Newswire

WEST CHESTER, Ohio, July 27, 2012

WEST CHESTER, Ohio, July 27,2012 /PRNewswire/ --AK Steel (NYSE: AKS) said
today that it will increase current spot market base prices for all carbon
flat-rolled steel products by $40 per ton, effective immediately with new
orders.

AK Steel
AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, infrastructure and manufacturing, construction and
electrical power generation and distribution markets. The company employs
about 6,200 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 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 www.aktube.com.

AK Coal Resources, Inc., another wholly-owned subsidiary of AK Steel, owns or
leases metallurgical coal reserves in Somerset County, Pennsylvania. AK Steel
also owns 49.9% of Magnetation LLC, a joint venture headquartered in Grand
Rapids, Minnesota, which produces iron ore concentrate from previously mined
ore reserves.

SOURCE AK Steel

Website: http://www.aksteel.com
Contact: Media, Barry L. Racey, Director, Government and Public Relations,
+1-513-425-2749, or Investors, Albert E. Ferrara, Jr., Senior Vice President,
Corporate Strategy and Investor Relations, +1-513-425-2888
 
Press spacebar to pause and continue. Press esc to stop.