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
GE Commercial Finance to Provide $173.5 Million in Financing for U. S. Steel
24 November 2004 - GE Commercial Finance Corporate Lending announced it has provided $173.5 million in financing to United States Steel Corp.
AK Steel Awards Supplier of the Year Honors
19 November 2004 - AK Steel has honored three of its suppliers for outstanding service, value and strategic support of the steelmaker's business plan. The awards, the first ever presented by AK Steel, were announced during a meeting in Middletown of representatives of the steelmaker's largest 100 suppliers, based on commodity value and services provided. The suppliers attending represented approximately $2.25 billion in goods and services purchased annually by AK Steel.
AK Steel Announces Surcharges and Surcharge Modifications
16 November 2004 - AK Steel has advised its flat-rolled carbon steel customers that a $153 per ton surcharge will be added to invoices for products shipped in December, an increase of $4 from November's surcharge of $149 per ton. AK Steel also advised its electrical steel customers that a $260 per ton surcharge will be added to invoices for electrical steel products shipped in December, up $10 from the November surcharge of $250 per ton for those products.
AK Foundation to Support New Middletown Senior Center
12 November 2004 - The AK Steel Foundation has pledged $1 million over a five-year period to help finance the construction of a new center planned by Middletown Area Senior Citizens, Inc.
MEPS International Steel Market Roundup
11 November 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
AK Steel Reaches Contract Agreement with Ashland Coke Workers
27 October 2004 - AK Steel Corp. announced that it has reached a progressive, four-year labor agreement at the company’s Ashland, Ky., coke plant.
AK Steel Reports 3rd Quarter Net Income
27 October 2004 - AK Steel reported net income of $83.1 million on record net sales of $1,337.3 million for the third quarter of 2004, and net income of $341.2 million on net sales of $3,783.5 million for the first nine months of 2004.
AK Steel Announces November Surcharges
20 October 2004 - AK Steel has advised its flat-rolled carbon steel customers that a $149 per ton surcharge will be added to invoices for products shipped in November, a decrease of $8 from October's surcharge of $157 per ton. The company also advised its electrical steel customers that a $250 per ton surcharge will be added to invoices for electrical steel products shipped in November, down $45 from the October surcharge of $295 per ton for those products.
AK Steel Earns Integris Metals Quality Award
14 October 2004 - Integris Metals has presented its Award of Excellence to AK Steel for quality performance. The award is in recognition of AK Steel's quality performance from the fourth quarter of 2003 through the third quarter of 2004.
AK Steel Bumps up 3rd Quarter Earnings Expectations
06 October 2004 - AK Steel anticipates reporting better-than-expected results for the third quarter of 2004.
AK Steel Makes $25,000 Contribution to Local Flood Relief Efforts
28 September 2004 - AK Steel has made a $25,000 contribution to the American Red Cross to assist in flood relief efforts in Butler County, Pa.
Quality Magazine Names AK Steel to Top 100 List
24 September 2004 - AK Steel has been named to Quality magazine's list of the Top 100 companies in quality.
AK Steel Announces October Surcharges
21 September 2004 - AK Steel has advised its flat-rolled carbon steel customers that a $157 per ton surcharge will be added to invoices for products shipped in October, an increase of $15 from September's surcharge of $142 per ton.
AK Steel Announces Price Increase for Type 409 Stainless
14 September 2004 - AK Steel will increase the base price of its Type 409 hot-rolled and cold-rolled stainless steel sheet and strip products by approximately 5%, effective with shipments on and after September 27, 2004.
AK Steel Names Director of Purchasing
08 September 2004 - AK Steel announced it had named Anthony C. Perry to the new post of Director of Purchasing.
AK Steel Announces Stainless Steel Price Increase
02 September 2004 - AK Steel announced will increase the gauge and width extras for certain 200, 300 and 400 series stainless steel sheet products. The increase will be effective with shipments on and after September 13, 2004.
AK Steel Announces September Surcharges
27 August 2004 - AK Steel has advised its flat-rolled carbon steel customers that a $142 per ton surcharge will be added to invoices for products shipped in September. AK Steel also advised its electrical steel customers that a $240 per ton surcharge will be added to invoices for electrical steel products shipped in September.
New General Managers Named at Three U. S. Steel Facilities
24 August 2004 - United States Steel Corp. announced changes in the leadership at Gary Works, Mon Valley Works and Fairfield Works. The new appointments are effective September 1, concurrent with the promotion of George F. Babcoke, General Manager of Gary Works, to Managing Director of Engineering and Research.
MEPS International Steel Market Roundup
13 August 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
AK Steel Reports 2nd Quarter Income
21 July 2004 - AK Steel reported net income of $92.7 million on net sales of $1,311.8 million for the second quarter of 2004, and net income of $258.1 million on net sales of $2,446.2 million for the first six months.
