AK Steel anticipates fourth-quarter loss
Nov 13, 2012 | 03:33 PM
| Chris Prentice
NEW YORK AK Steel Corp. said it expects to report a fourth-quarter loss of between 67 and 72 cents per diluted share due to a decline in average selling prices and expected tax expenses.
While the West Chester, Ohio-based steelmaker is forecasting higher shipment volumes in the fourth quarterbetween 1.375 million and 1.4 million tons vs. about 1.36 million tons in the third quarterit also expects to see a 5-percent decline in average selling prices.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.