AK Steel Secures Coke Supplies to See it Through Until 2009

AK Steeltoday said that it had reached agreement for the supply of all of the company’s anticipated coke purchases through the end of 2009. AK Steel internally produces more than 75% of its total annual coke requirements and purchases the balance from outside sources.

与Shenango Incorporated的供应协议,宾夕法尼亚州匹兹堡,扩展并修改了一份现有合同,该合同定于2005年底到期。新协议规定了固定的可乐价格,但要遵守冶金煤炭价格波动的规定。冶金煤是用于生产可乐的原材料,这是一种用于生产熔融铁的燃料燃料和化学还原剂。

“We are pleased to have completed on equitable terms this long-term raw material contract,” said James L. Wainscott, president and CEO of AK Steel. “This agreement provides for continuity of supply to AK Steel, and recognition of fluctuating coal input costs for Shenango. These provisions mirror a number of the agreements we have established in steel pricing to account for rapidly escalating raw material costs,” he said.

AK Steel表示,它将继续谈判其他长期的原材料供应协议。该公司表示,完成此类协议是其实现持续盈利能力目标的关键组成部分。AK Steel表示,它还试图完成新的合同客户协议和渐进式新劳动协议,这是其持续盈利能力回报的其他关键组成部分。

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