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 Announces Executive Promotions and Organization Changes
01 June 2015 - AK Steel's Board of Directors has approved the following executive promotions and organization changes, effective May 29, 2015:
AK Steel Announces Company's 2015 Sons and Daughters Scholarship Recipients
25 May 2015 - AK Steel is continuing a longstanding tradition this year by awarding college scholarships to sons and daughters of company employees.
AK Steel Receives "Deal Maker of the Year" Award for Dearborn Acquisition From the Association for Corporate Growth
21 May 2015 - AK Steel has received a "Deal Maker of the Year" award from the Association for Corporate Growth (ACG) for the company's $690 million acquisition of Severstal Dearborn, LLC.
Magnetation LLC Reaches Agreement with Noteholders to Restructure Balance Sheet and Provide New Financing
08 May 2015 - - Secures $135 Million in Debtor-In-Possession Financing to Implement Financial Restructuring as Part of Chapter 11 Reorganization Filing - Operations and Customer Shipments to Continue Uninterrupted
AK Steel's Coshocton Works Recognized For Outstanding Safety Performance
07 May 2015 - AK Steel's Coshocton (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Coshocton County Safety Council and Chamber of Commerce.
AK Steel Reports Financial Results for First Quarter of 2015
30 April 2015 - AK Steel reported its financial results for the first quarter of 2015 on 28 April 2015..
AK Steel Announces Executive Retirement
16 April 2015 - AK Steel announced that David C. Horn, Executive Vice President, Chief Legal and Administrative Officer, and Secretary has elected to retire from the company effective May 31, 2015.
AK Steel's Zanesville Works Recognized for Outstanding Safety Performance
01 April 2015 - AK Steel's Zanesville (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.
AK Steel Says Imports Negatively Impacting Shipments
20 March 2015 - AK Steel provided guidance for its first quarter 2015 financial results, saying it expects to report a net loss of US$0.23 to US$0.28 per diluted share of common stock for the first quarter of 2015.
AK Steel Coke Plant Recognized for Outstanding Safety Performance
09 March 2015 - AK Steel’s Middletown (Ohio) Works coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization based in Washington, D.C.
AK Steel to Build New Research and Innovation Center; Names New VPs
23 February 2015 - AK Steel announced that it will build a new, world-class Research and Innovation Center in Middletown, Ohio.
USW Members Ratify Labor Agreement for AK Steel's Mountain State Carbon Plant
06 February 2015 - AK Steel (NYSE: AKS) said today that members of the United Steelworkers (USW) international union have ratified a new 4-year labor agreement covering about 215 hourly production and maintenance employees at the company's Mountain State Carbon cokemaking plant in Follansbee, West Virginia.
AK Steel Posts Loss for 2014 Despite Profitable Q4
27 January 2015 - AK Steel reported its financial results for the fourth quarter and full year of 2014.
Magnetation Announces First Production at New Iron Ore Concentrate Plant
02 January 2015 - Magnetation LLC has successfully produced its first iron ore concentrate at its new plant, Plant Four, located near Grand Rapids, Minn.
Seversal Dearborn Acquisition, Strong Auto Market Boost AK Steel’s Q4 Shipments
19 December 2014 - AK Steel provided guidance for its fourth quarter 2014 financial results.
USW Members Ratify Labor Agreement for AK Steel's Ashland Works
17 December 2014 - Members of United Steelworkers (USW) Local 1865 have ratified a new 42-month labor agreement covering more than 800 hourly production and maintenance employees at AK Steel’s Ashland, Ky., plant.
AK Steel Completes Ashland BF Hearth Reline, Resumes Full Production
04 December 2014 - The reline of AK Steel’s blast furnace hearth at its Ashland, Ky., Works was successful and the blast furnace has returned to full production following an approximate four-week planned outage for maintenance work.
AK Steel Wins Trade Cases on Non-Oriented Electrical Steel
20 November 2014 - AK Steel reported that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by reason of dumped and subsidized imports from six countries.
USW Members Ratify New Labor Agreement at AK Steel Tubemaking Unit
19 November 2014 - The members of United Steelworkers of America (USW) Local 1915 have ratified a new three-year labor agreement with AK Steel’s wholly-owned subsidiary, AK Tube LLC, covering about 100 hourly production and maintenance employees at its Walbridge, Ohio, facility.
AK Steel's Third Quarter Performance Exceeded Expectations
04 November 2014 - As it reported its third quarter results, AK Steel commented on its recent acquisition of Severstal Dearborn, as well as the expected impact of a fourth quarter blast furnace outage.