AK’s stainless sales improve in 2d qtr.

Jul 25, 2012 | 05:09 PM | Thorsten Schier

Tags  AK Steel, second quarter 2012, stainless, electrical steel, James Wainscott, Thorsten Schier

NEW YORK — Distributor restocking helped AK Steel Corp. improve its sales of commodity stainless products in the second quarter, even as imports of Chinese commodity flat-rolled products rose dramatically.

"Commodity 300-series stainless steel sales increased as service centers began once again to replenish diminished inventory levels. However, once again, imports of commodity stainless, especially from China, increased in the second quarter to the highest level seen in the past year," chairman, president and chief executive officer James L. Wainscott said during....

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