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AK Steel Holding Corp (AKS.N)

AKS.N on New York Stock Exchange

4.51USD
22 Oct 2018
Change (% chg)

$0.07 (+1.58%)
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Latest Key Developments (Source: Significant Developments)

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

Appaloosa LP takes share stake in L Brands, ups share stake in Facebook
Monday, 14 Aug 2017 

Aug 14 (Reuters) - Appaloosa LP: :Appaloosa Lp takes share stake of 525,000 shares in Activision Blizzard Inc - sec filing.Appaloosa LP takes share stake of 835,592 shares in L Brands Inc.Appaloosa LP cuts share stake in Boston Scientific Corp by 32.2 percent to 2.3 million shares.Appaloosa LP ups share stake in Facebook Inc by 23.5 percent to 2.4 million class A shares.Appaloosa LP ups share stake in Delta Air Lines Inc by 30.3 percent to 832,438 shares.Appaloosa LP dissolves share stake in ak steel holding corp.Appaloosa LP dissolves share stake in Mckesson Corp.Appaloosa LP cuts share stake in Southwest Airlines Co from 3.1 million shares to 621,604 shares.Appaloosa LP ups share stake in Micron Technology Inc by 92.8 percent to 12.9 million shares.Appaloosa LP ups share stake in Alphabet Inc by 23.2 percent to 585,000 shares of class c capital stock.Appaloosa LP - change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

AK Steel announces pricing of $280,000,000 of senior notes due 2025
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - AK Steel Holding Corp :AK Steel announces pricing of $280,000,000 of senior notes due 2025.Says ‍AK Steel will pay interest on notes semi-annually on April 15 and october 15 of each year​.Says ‍priced its public offering of $280 million aggregate principal amount of 6.375% senior notes due 2025​.  Full Article

AK Steel announces offering of $280 mln of senior notes
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - AK Steel Holding Corp:AK Steel announces offering of $280,000,000 of senior notes and cash tender offer for its 8.375% senior notes due 2022.AK Steel Holding Corp- ‍subsidiary has commenced a registered offering $280 million aggregate principal amount of senior notes due 2025​.AK Steel - intends to use net proceeds of offering to finance its cash tender offer for any and all of its outstanding 8.375% senior notes due 2022.  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