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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 and USW Reach Tentative Agreement

13 September 2005 - AK Steel Corp. and the United Steelworkers of America (USW) have reached a tentative agreement on all the terms and conditions of a new labor agreement at the Ashland Works in Kentucky.

Environmental Investigation Initiated at Former Armco Site

31 August 2005 - U.S. Environmental Protection Agency Region 5 announced that an environmental investigation, which is the first stage of a cleanup project, has begun at the Hamilton Armco site in New Miami, Ohio.

AK Steel to Increase Prices for Precipitation Hardening Steels

31 August 2005 - AK Steel announced that it will increase base prices of its Precipitation Hardening (PH) stainless steel products by approximately 10%, effective with shipments on and after September 19, 2005.

Stainless Steel Imports Continue to Outpace 2004 Totals

31 August 2005 - Total stainless steel imports climbed to 344,014 tons through the first six months of 2005 — a 15% increase compared to the same period in 2004 — according to the latest data released by the Specialty Steel Industry of North America (SSINA). As imports climbed, U.S. consumption remained steady at 1,168,282 tons, 3% below domestic consumption for the first six months of 2004.

AK Steel, Steelworkers Agree to Extend Ashland Contract

31 August 2005 - AK Steel Corp. and the United Steelworkers of America (USW) have agreed to extend all the terms and conditions of their current labor agreement to September 11, 2005. Originally scheduled to expire on Thursday, September 1, 2005, the contract covers about 750 hourly production and maintenance employees of Local 1865 at the Ashland Works in Kentucky.

AK Steel Announces September Surcharges

16 August 2005 - AK Steel will add a $157 per ton surcharge to invoices for flat-rolled carbon steel products shipped in September 2005. A $50 per ton surcharge will be added to invoices for electrical steel products.

AK Steel Enters Scrap Purchase Agreement with Tube City

03 August 2005 - AK Steel has entered into an agency agreement with Tube City, LLC for the purchase of ferrous scrap for all of AK Steel's steelmaking facilities.

YTD Specialty Steel Imports Continue to Climb

02 August 2005 - Total stainless steel imports rose to 286,403 tons through the first five months of 2005 — a 19% increase compared to the same period in 2004 — according to the latest data released by the Specialty Steel Industry of North America (SSINA).

AK Steel Processes First Heat through New Ashland Degasser

01 August 2005 - AK Steel has processed the first heat of molten steel through a new vacuum degasser at its Ashland, Ky., Works.

AK Steel Reports 2nd Quarter Results

27 July 2005 - AK Steel reported net income of $9.0 million on record net sales of $1,454.6 million for the second quarter of 2005.

AK Steel Announces August Surcharges

18 July 2005 - AK Steel will add a $183 per ton surcharge to invoices for flat-rolled carbon steel products shipped in August 2005. A $115 per ton surcharge will be added to invoices for electrical steel products shipped in August.

WCI Steel Names Walsh Vice President of Operations

15 July 2005 - WCI Steel, Inc. announced today that James F. Walsh has been named Vice President—Operations, effective July 1, 2005.

Arbitrator Issues Ruling in Middletown Works Base Workforce Issue

06 July 2005 - AK Steel said that an arbitrator has issued a ruling on the company's 2004 suspension of a minimum base workforce plan covering hourly maintenance and operating employees at the company's Middletown Works represented by the independent A.E.I.F. union.

AK Steel to Increase Prices for Electrical Steels

01 July 2005 - AK Steel will increase spot market transaction prices for its Regular Grain Oriented and Tran-Cor(R) H electrical steel products, effective with shipments on and after August 1, 2005.

AISI Joins the Metal Initiative

30 June 2005 - The American Iron and Steel Institute (AISI) has joined The Metal Initiative, a coalition of metal construction product manufacturers and suppliers created to communicate the value of metal roofing and siding for commercial building applications.

AK Steel Announces July Surcharges

17 June 2005 - AK Steel will add a $208 per ton surcharge to invoices for flat-rolled carbon steel products shipped in July 2005. A $200 per ton surcharge will be added to invoices for electrical steel products shipped in July 2005.

First Quarter Stainless Steel Imports Climb 37% Higher than 2004

14 June 2005 - Total stainless steel imports reached 182,350 tons through the first quarter of 2005 — 37% higher than the first quarter of 2004 — according to the latest statistical data released by the Specialty Steel Industry of North America (SSINA). Total specialty steel imports (including stainless, electrical, and tool steels) were 39% higher than the first quarter of 2004.

Wheeling-Pittsburgh Announces Management Promotions

18 May 2005 - Wheeling-Pittsburgh Steel Corp. announced the promotion of Ron Shoemaker, who had been Manager of Engineering, EAF Project, to the newly created position of General Manager, Engineering & Environmental Control. In his new position, Shoemaker will report to Wheeling-Pittsburgh Steel President, Harry Page.

AK Steel Announces June Surcharges

17 May 2005 - AK Steel is adding a $213 per ton surcharge to invoices for flat-rolled carbon steel products shipped in June 2005. The company is also adding a $170 per ton surcharge for electrical steel products shipped in June 2005.

AK Steel Announces May Surcharges

29 April 2005 - AK Steel announced it will add a $218 per ton surcharge to invoices for flat-rolled carbon steel products shipped in May 2005. In addition, a $215 per ton surcharge will be added to invoices for electrical steel products shipped in May 2005.

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