AK Steel
Headquartered in West Chester, Ohio (Greater Cincinnati), AK Steel is a leader in the production of flat-rolled carbon, stainless and electrical steel products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company operates seven steel plants and two tube manufacturing plants across four states: Indiana, Kentucky, Ohio and Pennsylvania.
Latest News
AK Steel Updates Third Quarter 2010 Outlook
16 September 2010 - AK Steel has revised its outlook for the third quarter of 2010 to an operating loss of approximately $20 per ton, partly due to an acceleration of planned maintenance work at its Ashland (KY) blast furnace.
AK Steel Announces Carbon Steel Price Increase
07 September 2010 - AK Steel will increase current spot market base prices by $40 per ton, effective immediately with all new orders.
AK Steel Announces October 2010 Surcharges
02 September 2010 - AK Steel says it will add a $350 per ton surcharge to invoices for electrical steel products shipped in October 2010.
AK Steel Celebrates Bricklaying Ceremony for New SunCoke Plant
26 August 2010 - AK Steel held a ceremonial bricklaying for the new $360-million SunCoke Energy plant that will be built adjacent to AK Steel's Middletown Works in Middletown, Ohio.
AK Steel Names New VP of Sales and Customer Service
24 August 2010 - AK Steel has named Gary T. Barlow as Vice President, Sales and Customer Service, effective September 1, 2010. Barlow succeeds Douglas W. Gant, who is retiring after 30 years of service to the company.
AK Steel Announces Carbon Steel Price Increase, September Surcharges
03 August 2010 - AK Steel is increasing current spot market base prices by $40 per ton, effective immediately with all new orders for carbon steel products. The company also announced that it would be adding a $350 per ton surcharge for electrical steel products shipped in September 2010.
AK Steel Reports Q2 Financial Results
28 July 2010 - AK Steel reported net income of $26.7 million, or $0.24 per diluted share of common stock, for the second quarter of 2010, compared to a net loss of $47.2 million, or a loss of $0.43 per diluted share, for the same period last year.
USW Members Ratify Contract Extension for AK Ashland Works
12 July 2010 - Members of USW Local 1865 union ratify a three-year extension to the labor agreement covering production and maintenance employees at AK Steel's Ashland Works. The extension contains new language that increases the company’s operating flexibility as well as a wage increase for covered employees and lump sum payments over the next three years.
AK Steel Researcher Named ASM International Fellow
09 July 2010 - AK Steel’s Jerry L. Arnold, a Principal Research Engineer at the company’s Research Center, has been elected a Fellow of the Society by ASM International in recognition of his “distinguished contributions in the field of materials science and engineering”.
AK Steel Announces August 2010 Surcharges
02 July 2010 - AK Steel says it will add a $385 per ton surcharge to invoices for electrical steel products shipped in August 2010.
AK Steel Honored with Two Awards for Steel Excellence
24 June 2010 - AK Steel receives two "Awards for Steel Excellence" from AMM; one as "Steel Producer of the Year" and the other for "Best Turnaround of the Decade."
AK Steel Announces July 2010 Surcharges
03 June 2010 - AK Steel says it will add a $395 per ton surcharge to invoices for electrical steel products shipped in July 2010.
AK Steel Announces Senior Management Changes
01 June 2010 - AK Steel’s Board of Directors has approved the promotion of several members of its executive management team, as well as three new vice president positions and the appointment of a new Controller and Chief Accounting Officer.
AK Steel Reports Final Results of Cash Tender Offer, Consent Solicitation
25 May 2010 - AK Steel announced that $321.3 million in aggregate principal amount of the 7 3/4% Senior Notes due 2012 were validly tendered prior to expiration of the company’s cash tender offer and consent solicitation on May 21, 2010.
AISI Names Winner of its Highest Honor
10 May 2010 - The American Iron and Steel Institute names James L. Wainscott the 2010 recipient of the Gary Memorial Medal, which recognizes an individual for remarkable lifelong contributions to the North American steel industry. Wainscott is AK Steel Corp.'s Chairman, President and CEO.
AK Steel Employees Set World Casting Record
06 May 2010 - AK Steel employees at Middletown have set a world record for consecutive heats of carbon steel continuously cast on either a single- or double-strand caster. Crews cast 474,131 tons of carbon steel slabs in 2156 consecutive heats over a 59-day sequence.
AK Steel, Carpenter Announce Price Increases
04 May 2010 - AK Steel announces increases of 6 to 9% on base prices for all 200, 300 and 400 series flat rolled stainless steel products, while Carpenter announces an average 5% increase in base prices for all specialty stainless, high temperature and electronic alloys in all product forms.
AK Steel Announces June Surcharges
04 May 2010 - AK Steel says it will add a $435 per ton surcharge to invoices for electrical steel products shipped in June 2010.
AK Steel Announces Pricing of Senior Notes Offering
29 April 2010 - AK Steel Corp. has successfully priced a $400 million underwritten public offering of its 7-5/8% senior notes due 2020.
AK Steel Announces Notes Offering, Cash Tender Offer and Consent Solicitation
27 April 2010 - AK Steel has commenced a registered offering of $400 million aggregate principal amount of its senior notes due 2020, a tender offer to purchase for cash outstanding Senior Notes due 2012, and a consent solicitation for proposed amendments to the indenture governing the Senior Notes due 2012.
