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 Price Increase for Carbon Steel Products
29 October 2014 - AK Steel said on 28 October that it will increase current spot market base prices for all carbon flat rolled steel products by a minimum of US$20 per ton, effective immediately with new orders.
U.S. Electrical Steel Producers to Appeal Decision in Trade Case
24 October 2014 - U.S. producers of grain-oriented electrical steel (GOES) will file an appeal of the negative decision on "material injury" by the U.S. International Trade Commission (ITC).
U.S. Electrical Steel Producers Welcome Final Determinations in Electrical Steel Trade Case
02 October 2014 - The U.S. Department of Commerce (DOC) announced final dumping margins for grain-oriented electrical steel (GOES) from the People's Republic of China, Russia, and South Korea and the final subsidy margin on GOES from the People's Republic of China, as follows:
Magnetation Begins Production at New Iron Ore Pellet Plant
30 September 2014 - Magnetation LLC has successfully produced its first iron ore pellets at its new pellet plant in Reynolds, Ind.
U.S. Electrical Steel Producers Pleased with Dumping Margins Set in Trade Case
25 September 2014 - The US Department of Commerce (DOC) announced the final antidumping margins on grain oriented electrical steel (GOES) imported into the U.S. from the Czech Republic, as follows:
Electrical Steel Producers Appeal ITC Decision in Trade Case
22 September 2014 - U.S. producers of grain-oriented electrical steel (GOES) have filed an appeal of the negative decision on “material injury” by the U.S. International Trade Commission (ITC).
AK Steel Introduces New Stainless Steel Product
19 September 2014 - AK Steel has introduced CHROMESHIELD™ 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers.
AK Steel Completes Acquisition of Severstal Dearborn
17 September 2014 - AK Steel has completed its acquisition of Severstal North America's integrated steelmaking assets located in Dearborn, Mich.
Severstal Completes Sale of Severstal North America
17 September 2014 - Severstal announced that it has completed the sale of its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corp., respectively.
AK Steel Receives Regulatory Clearance for Severstal Dearborn Acquisition; Provides 3Q14 Guidance
03 September 2014 - AK Steel provided guidance for its third quarter 2014 financial results.
AK Steel Applauds Enactment of Highway and Transportation Funding Act
11 August 2014 - AK Steel is applauding the enactment of the Highway and Transportation Funding Act, legislation that is vital to maintaining and improving America's infrastructure — much of which is made with steel.
Sheri H. Edison Named to AK Steel's Board of Directors
30 July 2014 - Sheri H. Edison has been elected to AK Steel’s Board of Directors, effective 1 August 2014.
AK Steel Reports Improved Second Quarter Results
29 July 2014 - AK Steel reported its financial results for the second quarter of 2014.
U.S. Electrical Steel Producers Support Commerce Department Findings in Trade Case
22 July 2014 - The U.S. Department of Commerce issued its final antidumping determinations concerning imports of grain-oriented silicon steel (GOES) from Germany, Japan, and Poland.
Severstal Agrees to Sell U.S. Facilities for US$2.325 Billion
21 July 2014 - OAO Severstal has entered into separate definitive transaction agreements to sell its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corporation, respectively, for a total cash consideration of US$2.325 billion.
AK Steel To Acquire Severstal Dearborn
21 July 2014 - AK Steel has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for US$700 million in cash.
IAM Members Ratify New Labor Agreement For AK Steel's Middletown Works
09 July 2014 - AK Steel said that members of the International Association of Machinists and Aerospace Workers (IAM) Local 1943 have ratified a new 42-month labor agreement covering about 1,700 hourly production and maintenance employees at the company’s Middletown (OH) Works.
AK Steel Announces Stainless Steel Price Increase
08 July 2014 - AK Steel said on 24 June 2014 that it will increase base prices for all of its stainless steel products, effective with shipments on 6 July 2014.
AK Steel’s Wainscott Receives Vision Award
24 June 2014 - James L. Wainscott, chairman, president and chief executive officer of AK Steel Corp., received the 2014 Willy Korf/Ken Iverson Steel Vision Award during the Steel Success Strategies XXIX conference in New York this past week.
AK Steel Provides Second Quarter 2014 Guidance
20 June 2014 - AK Steel provided guidance for its second quarter 2014 financial results. AK Steel said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.
