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AK Steel Holding Corp (AKS.N)

AKS.N on New York Stock Exchange

2.29USD
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

AK Steel Holding Says Q2 Earnings Per Share $0.21
Monday, 29 Jul 2019 

July 29 (Reuters) - AK Steel Holding Corp ::AK STEEL ANNOUNCES SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.21.Q2 EARNINGS PER SHARE ESTIMATE $0.05 -- REFINITIV IBES DATA.Q2 SALES $1.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.74 BILLION.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.37 TO $0.44 EXCLUDING ITEMS.QTRLY FLAT-ROLLED STEEL SHIPMENTS 1,391.4 THOUSAND TONS VERSUS 1,439.8 THOUSAND TONS.QTRLY SELLING PRICE PER FLAT-ROLLED STEEL TON $1,102 VERSUS $1,101.SEES FY EARNINGS PER SHARE $0.13 TO $0.20.AK STEEL - ANNUAL GUIDANCE INDICATED THAT EVERY $10 CHANGE IN CARBON HOT-ROLLED COIL SPOT MARKET PRICE, FY EARNINGS WOULD BE IMPACTED BY $5 TO $7 MILLION.FY2019 EARNINGS PER SHARE VIEW $0.34 -- REFINITIV IBES DATA.AK STEEL - EXCLUDING IMPACT OF ASHLAND WORKS CLOSURE, ANNUAL ADJUSTED NET INCOME TO BE IN THE RANGE OF $118 TO $138 MILLION.  Full Article

AK Steel Reports Q1 2019 Results
Monday, 29 Apr 2019 

April 29 (Reuters) - AK Steel Holding Corp ::AK STEEL ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.23.Q1 LOSS PER SHARE $0.01.Q1 EARNINGS PER SHARE ESTIMATE $0.13 -- REFINITIV IBES DATA.Q1 SALES $1.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.74 BILLION.EXPECTS FY NET INCOME TO BE IN RANGE OF $76 TO $96 MILLION, OR $0.24 TO $0.30 PER DILUTED SHARE.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.48 TO $0.54 EXCLUDING ITEMS.AK STEEL HOLDING - PLANNED MAINTENANCE OUTAGE EXPENDITURES IN 2019 ARE STILL EXPECTED TO BE $70 TO $80 MILLION, SUBSTANTIALLY HEAVIER IN Q2, Q4.FY2019 EARNINGS PER SHARE VIEW $0.47 -- REFINITIV IBES DATA.EXPECTS WORKING CAPITAL TO BE A SMALL SOURCE OF CASH FOR YEAR.  Full Article

AK Steel Holding Posts Qtrly Loss Per Share of $0.01
Monday, 29 Apr 2019 

April 29 (Reuters) - AK Steel Holding Corp ::QTRLY LOSS PER SHARE $0.01.QTRLY NET SALES $1,697.7 MILLION VERSUS $1,658.9 MILLION.RECORDED A CHARGE OF $77.4 MILLION DURING THE FIRST QUARTER OF 2019.QTRLY AVERAGE SELLING PRICE PER TON OF FLAT-ROLLED STEEL INCREASED 6% TO $1,112 FROM $1,045.QTRLY FLAT-ROLLED STEEL SHIPMENTS OF 1.4 MILLION TONS FOR Q1 OF 2019 WERE DOWN 3% FROM SAME QUARTER A YEAR AGO.  Full Article

IAM Members Ratify Labor Agreement For AK Steel Middletown Works
Tuesday, 13 Mar 2018 

March 13 (Reuters) - AK Steel Holding Corp ::IAM MEMBERS RATIFY LABOR AGREEMENT FOR AK STEEL MIDDLETOWN WORKS.AK STEEL HOLDING CORP - CO SAID CONTRACT WAS RATIFIED IN VOTING HELD ON MARCH 12, 2018​.AK STEEL HOLDING CORP - ‍NEW AGREEMENT WILL BE EFFECTIVE UNTIL MARCH 15, 2020​.AK STEEL HOLDING - MEMBERS OF IAM LOCAL 1943 RATIFIED 2 YEAR LABOR AGREEMENT COVERING ABOUT 1,730 HOURLY EMPLOYEES AT CO'S MIDDLETOWN, OHIO FACILITY.  Full Article

AK Steel Says UAW Members Ratify Labor Agreement For Dearborn Works
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Ak Steel Holding Corp ::AK STEEL HOLDING CORP - MEMBERS OF UNITED AUTO WORKERS, LOCAL 600, HAVE RATIFIED A THREE-YEAR, SEVEN-MONTH AGREEMENT.AK STEEL HOLDING CORP - AGREEMENT WILL BE IN EFFECT UNTIL JULY 31, 2021.AK STEEL HOLDING CORP - AGREEMENT COVERS ABOUT 1,180 HOURLY PRODUCTION AND MAINTENANCE EMPLOYEES AT COMPANY'S DEARBORN WORKS.  Full Article

USW Members ratify labor agreement with AK Tube​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - AK Steel Holding Corp ::Says members of United Steel Workers Local 1915 have ratified a 3 year labor agreement with co's wholly-owned subsidiary, AK Tube LLC​.Says ‍new agreement is effective on January 22, 2018 until January 22, 2021​.  Full Article

AK steel announces Q3 loss per share $0.02
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - AK Steel :AK steel announces financial results for third quarter 2017.Q3 sales $1.49 billion versus I/B/E/S view $1.52 billion.Q3 loss per share $0.02.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.AK Steel Holding Corp - qtrly ‍average selling price per flat-rolled steel ton increased 2% to $1,021 from $1,001 in same quarter a year ago​.AK Steel Holding Corp - ‍Q3 flat-rolled steel shipments declined 2% to 1,368,600 tons from 1,397,900 tons in Q3 a year ago​.AK steel- ‍higher raw material costs, particularly for scrap, chrome, zinc, other alloys, contributed to decline in qtrly results versus Q3 year ago​.AK Steel Holding Corp - ‍results for Q3 of 2017 included a lifo charge of $49.0 million​.  Full Article

AK Steel - ‍Will implement electrode surcharge for all stainless product shipments effective Oct 29
Friday, 6 Oct 2017 

Oct 6 (Reuters) - AK Steel Holding Corp :AK Steel Holding - ‍will implement electrode surcharge for all stainless product shipments effective October 29, 2017​.AK Steel Holding Corp - ‍electrode surcharge amount will be $13.20 per ton for shipments in November 2017​.  Full Article

UAW members ratify labor agreement for Rockport Works
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - AK Steel Holding Corp :UAW members ratify labor agreement for Rockport Works.AK Steel Holding Corp - ‍members of United Auto Workers Local 3044, have ratified a four year labor agreement​.Ak Steel Holding Corp - labor agreement covering about 319 hourly production employees at company's Rockport Works​.Ak Steel - contract was ratified in voting held on September 27, 2017; UAW agreement will be in effect until September 30, 2021​.  Full Article

AK Steel Holding enters into an amended and restated $1.35 billion secured revolving credit facility
Friday, 15 Sep 2017 

Sept 15 (Reuters) - AK Steel Holding Corp :AK Steel Holding Corp- On September 13, 2017, co entered into an amended and restated $1.35 billion, five-year senior secured revolving credit facility.AK Steel Holding -‍ Credit facility includes a $1.285 billion asset-based revolving facility and a $65.0 million "first-in, last-out" asset-based facility​.AK Steel Holding Corp - Amended and restated credit facility's revolving credit line may be increased by up to $400.0 million - SEC filing.AK Steel Holding Corp- Amended and restated credit facility matures on September 13, 2022 - SEC filing.  Full Article

Nucor shareholders reject proposal on disclosing lobbying details

May 14 Nucor Corp shareholders have rejected a proposal that would make the company report on its political lobbying, heading off efforts to make one of the most high-profile corporate actors in Washington more transparent.