AK Steel Announces August Surcharges

Middletown, OH, July 15, 2005—AK Steel (NYSE: AKS) has advised its flat-rolled carbon steel customers that a $183 per ton surcharge will be added to invoices for products shipped in August 2005.   AK Steel has also advised its electrical steel customers that a $115 per ton surcharge will be added to invoices for electrical steel products shipped in August 2005.   August surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company’s web site at www.aksteel.com.

AK Steel’s surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the June 2005 purchase cost used to determine the August 2005 surcharges. 

Headquartered in Middletown, 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.