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2017 has not been kind to investors in AK Steel (NYSE: AKS) stock. Over the past 12 months, shares of AK Steel have lost more than 42% of their value, and badly lagged the S&P 500, which is up 18% ...
AK Steel will likely swing to a second-quarter profit from a loss last period, but said the market still remains very volatile and uncertain, especially in the near term. Fox Business.
AK Steel and Schnitzer Steel Industries Inc. both reported stronger earnings Tuesday as the companies benefited from cost-cutting measures. Shares of AK Steel rose 8% to $5.60 and Schnitzer Steel ...
LONDON (MarketWatch) -- Steel products maker AK Steel said it has told its flat-rolled carbon steel customers that a $183 per ton surcharge will be added to invoices for products shipped in August ...
AK Steel Corp. considered many factors before deciding to locate its $36 million research and innovation center in the city where the company was founded more than a century ago.
Shares of Ohioan steel producer AK Steel got crushed on Tuesday, closing the day down 10.1%. So what. This is not how things were supposed to work out.
In contrast, AK Steel's valuation of 4.4 times earnings and 5.2 times FCF looks only fairly priced relative to analysts' predicted 5% long-term growth rate for the company.
AK Steel's (AKS) outlook includes aggressive cost controls. It has already indicated in its 3Q15 earnings conference call that it intends to target every cost element in the organization.
AK Steel reversed its losses as it continues to recover this year.This morning, July 27, the company reported an increase in net income for the second quarter.
The price target has been raised from $2.00 to $2.50. Although the company has some liquidity, it needs to manage its high cost base and track record of “sustained ongoing cash burn ...
With the acquisitions of AK Steel and ArcelorMittal USA in 2020, Cleveland-Cliffs Inc (NYSE: CLF) has emerged as the largest producer of steel in North America, according to JPMorgan.
Stephanie Bisselberg is the new vice president for human relations at AK Steel. Todd_Joyce. By Jon Newberry – Staff Reporter, Cincinnati Business Courier. Mar 21, 2013.
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