It's reported that AK Steel announced that it will keep developing higher value-added stainless markets. James Wainscott, the CEO of AK Steel said that a lot of what they're targeting is really the pure commodity-type business. He pointed out that AK Steel really looks to the higher value added segments, the Coshocton specialties, the 409 serving high-temperature automotive exhaust applications. The CEO also indicated that the market for specialty grade stainless products has been better. He predicates the demand growth trend will keep increasing in the near future.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64093&division=A1
