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 Tube Plants Recognized for Outstanding Safety Performance
23 April 2010 - The Columbus, Ind., and Walbridge, Ohio, plants of AK Tube have received the Safety Award of Merit from the Fabricators and Manufacturers Association, International. The award annually recognizes companies for outperforming their industry's injury and illness rate by at least 10%.
AK Steel to Make Pension Trust Fund Contribution
22 April 2010 - AK Steel’s board of directors has authorized the company to make a $35 million contribution to its pension trust fund. The contribution will be made during the second quarter.
AK Steel Reports Q1 Financial Results
21 April 2010 - AK Steel reports net income of $1.9 million ($0.02 per diluted share of common stock) for the first quarter of 2010, compared to a net loss of $73.4 million ($0.67 per diluted share) for the same period a year ago.
AK Steel to Increase Price for Carbon Steel Products
09 April 2010 - AK Steel says it will increase spot market base prices by $40 per ton, effective immediately with all new orders for carbon steel products.
AK Steel Announces May 2010 Surcharges
07 April 2010 - AK Steel says it will add a $420 per ton surcharge to invoices for electrical steel products shipped in May 2010.
AK Steel Marks 15th Anniversary of Listing on NYSE
06 April 2010 - AK Steel celebrated its fifteenth anniversary of trading on the New York Stock Exchange (NYSE) this week by ringing the NYSE's opening bell, signifying the start of the trading day.
AK Steel Coke Plant Recognized for Safety Performance
29 March 2010 - AK Steel's Ashland, Ky., coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute. Employees at the plant worked the entire year of 2009 without a single OSHA-recordable injury.
New Healthcare Law Prompts Non-Cash Q1 Charge for AK Steel
24 March 2010 - AK Steel will record a non-cash charge of approximately $31 million in the first quarter of 2010 as the result of the recently-enacted Patient Protection and Affordable Care Act.
AK Steel to Increase Prices for Carbon Steel Products
03 March 2010 - AK Steel announced that it will increase spot market base prices by $40 per ton, effective immediately with all new orders for its carbon steel products.
AK Steel Announces Price Increase for Carbon Steel Products
16 February 2010 - AK Steel announces a $50 per ton increase to spot market base prices, effective immediately with all new orders for its carbon steel products.
AK Steel Announces March 2010 Surcharges
02 February 2010 - AK Steel will add a $325 per ton surcharge to invoices for electrical steel products shipped in March 2010.
AK Steel Reports 4th Quarter, Full-Year 2009 Results
26 January 2010 - AK Steel reported net income of $39.8 million on net sales of $1,319.9 million for the fourth quarter and a net loss of $74.6 million on net sales of $4,076.8 million for the full year 2009.
AK Steel Names General Manager for Global Electrical Steel Sales
26 January 2010 - AK Steel has named Lisa A. Vensel General Manager of Electrical Steel Sales, effective on February 1. She will be responsible for the company's global sales of its electrical steel products.
AK Steel Supports Emergency Relief Efforts in Haiti
25 January 2010 - AK Steel donates $100,000 through its foundation to help support emergency relief efforts in Haiti. The company's donation was split equally between Doctors Without Borders and the American Red Cross.
AK Steel Increases Price for Carbon Steel Products
13 January 2010 - AK Steel announces an additional $60 per ton increase to spot market prices for carbon steel products immediately for all new orders.
AK Steel Announces February 2010 Surcharges
06 January 2010 - AK Steel will add a $235 per ton surcharge to invoices for electrical steel products shipped in February 2010.
UAW Members Ratify Contract Extension at Coshocton
30 December 2009 - Members of UAW Local 3462 ratify a three-year extension to the existing labor agreement at AK Steel's Coshocton Works.
AK Steel Comments on China’s Preliminary Ruling for Electrical Steel Duties
11 December 2009 - AK Steel responds to the imposition of provisional duties by China's Ministry of Commerce (MOFCOM) on imported electrical steel products. Chairman, President, and CEO James L. Wainscott says the company is very disappointed by MOFCOM's preliminary findings.
AK Steel to Further Increase Carbon Steel Prices
09 December 2009 - AK Steel announces an additional $30 per ton increase to spot market prices for carbon steel products for all new orders accepted for shipment on January 1, 2010 and later.
AK Steel Announces January 2010 Surcharges
04 December 2009 - AK Steel will add a $155 per ton surcharge to invoices for electrical steel products shipped in January 2010.