$AKS (AK Steel Holding Corporation)

$AKS {{ '2015-12-10T11:31:25+0000' | timeago}} • Announcement

$AKS said it will increase base prices for all of its stainless steel products. For all remaining stainless steel products, including automotive sheet and strip, base prices will be increased by $40 per ton.

$AKS {{ '2018-01-19T17:01:08+0000' | timeago}} • Announcement

$AKS' BoD promoted Christopher Ross, currently AK Steel Treasurer, to VP and Treasurer, effective immediately, overseeing the company’s Treasury, Investor Relations, Credit and Corporate Finance functions.

$AKS {{ '2017-01-24T16:37:19+0000' | timeago}} • Webcast

$AKS said that it believes electrical steel market will continue to experience volatility due in large part to the production over capacity in China. However, the company believes it is in well position to serve the electrical steel market and provide customers with products to meet the new high efficiency standards both in U.S. and Europe.

$AKS {{ '2017-01-24T16:27:35+0000' | timeago}} • Webcast

$AKS said that it is making significant investments in research and innovation and in manufacturing operations. The company said its efforts will help keep jobs in America, as well as allowing other countries to export their unemployment to the U.S.

$AKS {{ '2017-01-24T13:58:09+0000' | timeago}} • Announcement

$AKS 4Q16 net sales was $1.42Bil on shipments of 1,412,200 tons, compared to net sales of $1.54Bil on shipments of 1,655,800 tons for 4Q15. The decline in shipments was largely driven by the company's strategic decision to reduce commodity steel sales to the distributor and converters market, which declined 23% from 4Q15.

$AKS {{ '2017-01-24T13:55:53+0000' | timeago}} • Announcement

Carbon and steel products maker $AKS reported 4Q16 net loss of $62.4MM, or $0.22 per diluted share compared to net loss of $145.4MM, or $0.82 per diluted share during 4Q15. Net sales during the quarter fell 8% YoverY to $1.42Bil. Excluding items, $AKS earned $0.25 per diluted share.

$AKS {{ '2016-08-11T18:20:55+0000' | timeago}} • Announcement

$AKS said members of the United Auto Workers (UAW), Local 3303, have ratified a two and a half year labor agreement covering about 1,200 hourly production and maintenance employees at its Butler (PA) Works. UAW officials notified $AKS that contract was ratified in voting held on August 8 and 9. The agreement will be in effect until April 1, 2019.

$AKS {{ '2016-07-25T13:24:12+0000' | timeago}} • Announcement

$AKS said it strongly supports the final determinations by the Department of Commerce in the antidumping and countervailing duty investigations concerning imports of cold-rolled steel from Brazil, South Korea, India, Russia and the United Kingdom.

$AKS {{ '2016-06-13T14:44:10+0000' | timeago}} • Announcement

$AKS said its subsidiary AK Steel Corp. commenced registered offering of $380MM aggregate of senior secured notes due 2023. AK Steel plans to use the net proceeds of the offering, with cash on hand and/or borrowings under its revolving credit facility, to finance its cash tender offer for any and all its 8.750% Senior Secured Notes due 2018.

$AKS {{ '2016-03-22T04:35:11+0000' | timeago}} • Announcement

Carbon and steel products maker $AKS said its BoD has promoted with immediate effect Brian Bishop, Director Carbon Steel Operations, as VP Carbon Steel Operations, with responsibility for Manufacturing Planning; and Michael Kercsmar, Director Specialty Steel Operations, as VP Specialty Steel Operations, with responsibility for Quality Assurance.

$AKS {{ '2016-03-21T15:46:31+0000' | timeago}} • Announcement

West Chester, Ohio-based steel company $AKS said it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective immediately with new orders.

$AKS {{ '2016-03-04T14:54:48+0000' | timeago}} • Announcement

$AKS, which produces flat-rolled carbon, stainless and electrical steel, and tubular products, said it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective immediately with new orders.

$AKS {{ '2016-01-13T23:35:57+0000' | timeago}} • Announcement

$AKS said that it will increase current spot market base prices for all carbon flat-rolled steel products by $30 per ton, effective immediately with new orders.

$AKS {{ '2015-12-22T22:46:36+0000' | timeago}} • Announcement

$AKS said that Gregory Kenny has been elected to its Board of Directors, effective Jan. 1, 2016. Gregory currently serves as an advisor to the CEO and the Board of $BGC. He also serves as Independent Lead Director of the Board of $CAH and as a member of the Board of $INGR. He retired as President and CEO of $BGC on June 30, 2015.

$AKS {{ '2015-12-18T11:13:22+0000' | timeago}} • Announcement

During 4Q15, $AKS expects to receive a distribution of approx. $14.0MM from AFSG, the holding company of its discontinued insurance operations. Accordingly, $AKS' remaining investment in AFSG has been determined to be impaired and it expects a non-cash charge of about $0.24 per share to write off its remaining investment in AFSG.

$AKS {{ '2015-12-18T11:08:00+0000' | timeago}} • Announcement

For 4Q15, $AKS expects shipments to fall 14% to approx. 1.6MM tons because of its decision to reduce sales to the carbon steel spot market due to the adverse impact on pricing from high levels of imported steel. It expects an average selling price of approx. $930 per ton for the quarter, up 2% from the third quarter.

$AKS {{ '2015-12-18T11:01:25+0000' | timeago}} • Announcement

$AKS said it expects to post a net loss of $0.33 to $0.38 per share for 4Q15, including about $0.42 per share for charges. $AKS said it also expects lower shipments in the quarter compared to the third quarter due to the ongoing effects in the carbon steel spot market.

$AKS {{ '2015-12-10T11:32:57+0000' | timeago}} • Announcement

$AKS said it is increasing spot market base prices for all carbon flat-rolled steel products. The minimum base prices are effective immediately for new orders: Hot Rolled at $420 per ton, Cold Rolled at $540 per ton, and Hot Dipped Galvanized at $550 per ton.

$AKS {{ '2015-12-10T11:31:25+0000' | timeago}} • Announcement

$AKS said it will increase base prices for all of its stainless steel products. For all remaining stainless steel products, including automotive sheet and strip, base prices will be increased by $40 per ton.

$AKS {{ '2015-12-10T11:30:34+0000' | timeago}} • Announcement

$AKS said it will increase base prices for all of its stainless steel products, effective with shipments on Jan. 1, 2016. For commodity sheet and strip, specialty sheet and strip, and pipe and tube sheet and strip products, the increase will be achieved through reduction in functional discount of 4 percentage points.

$AKS {{ '2015-11-24T22:25:05+0000' | timeago}} • Announcement

$AKS said that its BoD has approved the following executive promotions, effective Jan. 1, 2016: Jaime Vasquez has been named VP, Finance and CFO. Vasquez is currently Director, Finance. Gregory Hoffbauer has been named VP, Controller and CAO. David Westcott has been named VP and Treasurer and will assume responsibility for IT.

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