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Last updated on April 20, 2014 at 8:28 EDT

Latest AK Steel Holding Stories

2014-04-15 12:23:55

WEST CHESTER, Ohio, April 15, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase prices for all of its stainless steel products, effective with shipments on May 4, 2014. For the following products, the increase will be achieved through a discount reduction of two percentage points. -- Commodity sheet and strip -- Pipe and tube sheet and strip -- Specialty sheet and strip For all other stainless steel products, including automotive exhaust sheet and...

2014-04-07 16:21:50

WEST CHESTER, Ohio, April 7, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase the current spot market base price for its hot roll carbon steel to a minimum of $700 per ton, effective immediately with new orders. AK SteelAK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,100 men and...

2014-03-25 08:23:57

WEST CHESTER, Ohio, March 25, 2014 /PRNewswire/ -- AK Steel's (NYSE: AKS) Zanesville (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 Muskingum County Safety Council and Chamber of Commerce. "We are honored to be recognized by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene,...

2014-03-21 08:21:42

WEST CHESTER, Ohio, March 21, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) today provided guidance for its first quarter 2014 financial results. AK Steel said it expects to report a net loss of $0.44 to $0.49 per diluted share of common stock. The expected net loss was driven principally by several significant factors during the first quarter that the company does not expect to continue during the rest of the year, including higher energy costs related to the extreme cold weather, an...

2014-03-20 16:24:20

WEST CHESTER, Ohio, March 20, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it plans to release its first quarter 2014 financial results before the opening of trading on the New York Stock Exchange on Tuesday, April 22, 2014. AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 11:00 a.m. Eastern Time on April 22, 2014. Access to the webcast will be available from the home page of the company's website at...

2014-03-20 16:23:40

WEST CHESTER, Ohio, March 20, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase the current spot market base price for its hot roll carbon steel to $660 per ton, effective immediately with new orders. AK SteelAK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,100 men and women in...

2014-03-17 16:21:48

WEST CHESTER, Ohio, March 17, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it has entered into a new $1.1 billion, five-year revolving credit facility with a group of lenders. The new credit facility will expire in March 2019. Bank of America, N.A., J.P. Morgan Securities LLC and Wells Fargo Capital Finance, LLC acted as joint lead arrangers. The new credit facility is secured by most of the company's inventory and accounts receivable. It replaces the company's...

2014-03-14 12:22:53

WEST CHESTER, Ohio, March 14, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that the company will increase prices for all of its stainless steel products, effective with shipments on April 1, 2014. AK Steel said the increase will be achieved through a discount reduction of two percentage points. For all products priced using net prices, including automotive exhaust products, the increase will be achieved by adding $.02 per pound to the existing prices. Surcharges for...

2014-02-24 08:23:30

WEST CHESTER, Ohio, Feb. 24, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that members of the United Steelworkers (USW) Local 169 have ratified a three-year labor agreement covering about 280 hourly production and maintenance employees at the company's Mansfield (OH) Works. "We are pleased to have reached a new labor agreement at our Mansfield Works ahead of the expiration date," said James L. Wainscott, Chairman, President and CEO of AK Steel. "The agreement continues to...

2014-02-11 12:22:49

WEST CHESTER, Ohio, Feb. 11, 2014 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that the company's Middletown (OH) Works coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization. The award recognizes the company for operating one of the safest cokemaking facilities in America during 2013. AK Steel's Middletown Works coke plant, along with two other ACCCI member coke facilities, operated...