Aug. 1, 2006 — AK Steel announced that it will increase transaction prices for all stainless steel automotive exhaust alloys.

Transaction prices for types 409, 439, 15 Cr-Cb^(TM), 18 Cr-Cb^(TM) and 429 DS will increase by 30%. Transaction prices for Aluminized 409, Aluminized 439, and types 409 Ni and 410 Cb will increase by 20%. The increases take affect with shipments on September 3, 2006.

AK Steel notes that its published stainless product surcharges remain in effect.

Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.