AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: AK Steel, Furnace Outage
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: expenses pertaining, shipment, Metallurgy
The US Department of Commerce (DOC) announced Tuesday its affirmative final determination in the antidumping duty (AD) investigation of imports of grain-oriented electrical steel (GOES) from the Czech Republic. The DOC determined that ...
US producers of grain-oriented electrical steel by the US International Trade Commission (ITC). AK Steel Corporation and Allegheny Ludlum, LLC, and the United Steelworkers appealed the decision to the Court of International Trade, while ...
Tags: Domestic GOES Producers, ITC, Metallurgy
AK Steel announced Wednesday that for the third quarter of 2014, the company expects shipments of approximately 1,350,000 tons, a decrease of approximately 3 percent from the 1,398,000 tons shipped in the second quarter of 2014. Shipments ...
Tags: AK Steel, Metallurgy
Russian steelmaker Severstal has announced that it has entered into separate definitive transaction agreements to sell its Severstal Columbus and Severstal Dearborn subsidiaries, collectively known as Severstal North America, to US ...
AK Steel announced Tuesday its financial results for Q2 2014, reporting a net loss of $17.1 million, compared to a net loss of $40.4 million for Q2 2013 and a net loss of $86.1 million for Q1 2014. Net sales for the second quarter of 2014 ...
Tags: AK Steel, blast furnace
On May 5, the US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of grain-oriented electrical steel (GOES) from the People’s Republic of China (China), the ...
Tags: Electrical Steel, DOC, Iron, Steel
Local news outlets reported Tuesday that a fire broke out Monday night at AK Steel’s Middletown, Ohio mill. Authorities believe the fire started with oil in a storage tanker, but the cause is still under investigation. One employee ...
Tags: AK Steel, storage tanker
AK Steel reported Tuesday a net loss of $86.1 million, or $0.63 per diluted share of common stock, for the first quarter of 2014, compared to a net loss of $9.9 million, or $0.07 per diluted share, for the first quarter of 2013 and net ...
Tags: AK Steel, blast furnace
The US steel sheet market was relatively quiet on Friday because many were out of the office before the Easter holiday, though one top-tier mill indicated it would be pushing higher prices after the weekend. The top-tier mill plans to ...
Tags: steel sheet, top-tier mill
On-going supply difficulties continue to support US steel sheet pricing, though market sources were divided Monday as to whether a peak had been reached. One large-volume hot-rolled service center buyer said there's "nothing out there" ...
Tags: Steel Sheet, automobile
The US hot-rolled coil market continues to be supported by limited Midwest supply, while cold-rolled coil import offers for May were heard to be lower. On the domestic front, most buyers expect another round of price increases following ...
Tags: HRC, hot-rolled coil, Construction, Decoration, coil
AK Steel announced Friday that it expects a loss for its first quarter, attributing temporary factors such as an unplanned blast furnace outage. Harsh winter weather--the main complaint for other US mills--was also mentioned as a factor. ...
Tags: Steel, Metallurgy, Mineral
The US Department of Commerce announced Wednesday its affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of grain-oriented electrical steel from the People’s Republic of China (China). ...
Tags: Electrical Steel, Mineral