Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Timna Tanners - UBS.
Timna Tanners - UBS
I was wondering if you could give us a little bit more color on a few things. So first on your cash guidance, you say with a significant amount of cash on hand. Does that mean an increase sequentially? Does that mean any guidance for working capital liquidation continuing?
L. Patrick Hassey
Well, I think if we have the same exact levels of business that we have now, we will have some working capital improvements, but basically we're talking about cash in the $475 million to $500 million range even with further funding of our capital investments in Rowley, Utah and Brackenridge for the melt shop and also in North Carolina for the superalloy forge plant. So net-net-net, our cash will be in a very good position at the end of the quarter.
Timna Tanners - UBS
And then I wanted to follow up on stainless. You said that you and your competitors put up a stainless price increase that we all saw. Why would prices go up with the amount of excess capacity out there? Is there improved demand that you're also seeing?
L. Patrick Hassey
I think we're seeing some stabilization. We have certain segments that are improving. Believe it or not, we're seeing some life in the automotive sector for the first time in five or six months as we're looking at some of the parts that we make for couplings, hose clamps, windshields, different kinds of things.
But I think overall the right answer for this is prices can only go down to a certain level no matter what the volume levels are. There is no endless drop in prices. So prices have hit that level. A price increase was put out there and the market followed that price increase because there's no affect of a price increase on volume levels today.
Operator
Your next question comes from Kuni Chen - Banc of America Securities.
Kuni Chen - Banc of America Securities
My first question's on electrical steel. You'd mentioned that demand was good, another competitor earlier in the week had said trends were more challenging than expected, so I'm just trying to kind of reconcile those two statements. Are you seeing any impact from some of the project deferrals and cancellations that have been discussed? Where do you see your market share in this segment going this year?
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