AK Steel Announces Carbon Steel Price Increase

West Chester, OH, August 22, 2007—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 accepted for shipment on October 1, 2007 and later.  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.

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.