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AK Steel Holding Corp (AKS.N)

AKS.N on New York Stock Exchange

4.37USD
17 Aug 2018
Change (% chg)

$0.13 (+3.07%)
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Volume
2,316,336
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$6.80
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Latest Key Developments (Source: Significant Developments)

AK Steel Q2 Earnings Per Share $0.18
Monday, 30 Jul 2018 

July 30 (Reuters) - AK Steel Holding Corp ::ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS AND THIRD QUARTER OUTLOOK.Q2 EARNINGS PER SHARE $0.18.Q2 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $1.747 BILLION VERSUS I/B/E/S VIEW $1.75 BILLION.HOLDING CORP - "ANTICIPATES THAT MARKET CONDITIONS WILL REMAIN STRONG IN Q3".HOLDING CORP - SEES INCREASE IN FLAT-ROLLED SHIPMENTS IN Q3 OF ABOUT 5% VERSUS Q2.HOLDING CORP - SEES Q3 AVERAGE SELLING PRICE PER FLAT-ROLLED TON OF $1,105.HOLDING CORP - SEES PLANNED OUTAGE COSTS OF APPROXIMATELY $8.0 MILLION IN Q3.HOLDING CORP QTRLY SELLING PRICE PER FLAT-ROLLED STEEL TON $1,101 VERSUS $1,040.HOLDING CORP - QTRLY FLAT-ROLLED STEEL SHIPMENTS 1.4 MILLION TONS VERSUS 1.4 MILLION TONS.HOLDING CORP - IN Q3, COMPANY EXPECTS MARGINS TO IMPROVE BY ABOUT 50 BASIS POINTS FROM Q2 OF 2018.  Full Article

AK Steel Holding Corp Sees Q2 2018 Flat-Rolled Shipments About 5 Pct To 7 Pct Higher Relative To Q1 2018
Monday, 30 Apr 2018 

April 30 (Reuters) - AK Steel Holding Corp ::AK STEEL HOLDING CORP SEES Q2 2018 FLAT-ROLLED SHIPMENTS ABOUT 5 PERCENT TO 7 PERCENT HIGHER RELATIVE TO Q1 2018 - SEC FILING.AK STEEL HOLDING CORP SEES Q2 2018 AVERAGE FLAT-ROLLED SELLING PRICE ABOUT $1,075 PER TON.AK STEEL HOLDING CORP SEES Q2 2018 DOWNSTREAM REVENUE ABOUT $130 MILLION TO $150 MILLION.AK STEEL HOLDING CORP SEES Q2 2018 ADJUSTED EBITDA MARGIN ABOUT 150-200 BASIS POINTS HIGHER RELATIVE TO Q1 2018.AK STEEL HOLDING CORP SEES FY 2018 CAPITAL INVESTMENTS OF ABOUT $160 MILLION.AK STEEL HOLDING CORP - WORKING CAPITAL EXPECTED TO BE ROUGHLY FLAT FOR FULL-YEAR 2018.  Full Article

AK Steel Holding Rpeorts Qtrly Earnings Per Share Of $0.09
Monday, 30 Apr 2018 

April 30 (Reuters) - AK Steel Holding Corp ::QTRLY EARNINGS PER SHARE $0.09.QTRLY NET SALES $1,658.9 MILLION VERSUS $1,533.4 MILLION AS ADJUSTED A YEAR AGO.AK STEEL HOLDING SAYS QTRLY AVERAGE SELLING PRICE PER FLAT-ROLLED TON UP 4 PERCENT TO $1,045 FROM $1,005 IN SAME QUARTER A YEAR AGO - SEC FILING.Q1 REVENUE VIEW $1.57 BILLION -- THOMSON REUTERS I/B/E/S.FLAT-ROLLED STEEL SHIPMENTS OF 1.4 MILLION TONS FOR Q1 2018 WERE 2% LOWER THAN SAME QUARTER A YEAR AGO.AK STEEL - DECREASE IN FLAT-ROLLED STEEL SHIPMENTS DURING QUARTER WAS PRIMARILY RESULT OF SLIGHTLY LOWER DEMAND IN AUTOMOTIVE MARKET COMPARED TO PRIOR YEAR.  Full Article

Ak Steel Announces Update On Middletown Works
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Ak Steel Holding Corp ::AK STEEL ANNOUNCES UPDATE ON MIDDLETOWN WORKS.AK STEEL HOLDING CORP - CURRENTLY ESTIMATE THAT MELT SHOP WILL RE-COMMENCE OPERATIONS IN APPROXIMATELY 8-10 DAYS.AK STEEL HOLDING CORP - ‍NO EMPLOYEES WERE INJURED AND REPAIRS ARE UNDERWAY AT MIDDLETOWN WORKS FACILITY​.AK STEEL HOLDING CORP - ‍ON SATURDAY MORNING, JANUARY 20, A LADLE AT CASTER AT MIDDLETOWN WORKS FACILITY MALFUNCTIONED, RELEASING LIQUID STEEL​.AK STEEL HOLDING CORP - ANTICIPATE THAT OUTAGE WILL REDUCE OUR SALES TO COMMODITY CARBON SPOT MARKET.AK STEEL HOLDING CORP - DO NOT CURRENTLY EXPECT ANY MATERIAL IMPACT ON SHIPMENTS TO CONTRACT CUSTOMERS, INCLUDING AUTOMOTIVE CUSTOMERS.  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 announces pricing of $400 mln of senior notes due 2027
Thursday, 16 Mar 2017 

Ak Steel Holding Corp : Ak steel announces pricing of $400,000,000 of senior notes due 2027 . Ak steel holding corp- successfully priced its public offering $400 million aggregate principal amount of 7% senior notes due 2027 .Ak steel holding corp - ak steel will pay interest on notes semi-annually on march 15 and september 15 of each year.  Full Article

AK steel announces offering of $400,000,000 of senior notes
Thursday, 16 Mar 2017 

AK Steel Holding Corp : AK Steel announces offering of $400,000,000 of senior notes and cash tender offer for its 7.625% senior notes due 2020 . AK Steel - commenced a registered offering of $400 million aggregate principal amount of senior notes due 2027 .AK Steel - intends to use net proceeds, with others, to finance co's cash tender offer for outstanding 7.625% senior notes due 2020.  Full Article

AK Steel Holding Corp Q3 earnings per share $0.21
Tuesday, 25 Oct 2016 

Ak Steel : Ak steel reports financial results for third quarter 2016 . Q3 earnings per share $0.21 . Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Q3 sales $1.45 billion versus i/b/e/s view $1.47 billion . Ak steel holding Corp - average selling prices for nine months ended september 30, 2016 of $960 per ton were 1% higher .Ak steel holding corp says shipments of 1,425,900 tons for q3 of 2016 were 24% less than 1,871,200 tons from q3 a year ago.  Full Article

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Trump relents on EU car tariffs, as U.S.-China fight derails Qualcomm deal

WASHINGTON In what the EU chief called a "major concession," U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war. | Video