AK expects bright 2014 after 4th-qtr. profit

Jan 28, 2014 | 04:02 PM | Rey Mashayekhi

Tags  AK Steel Corp, steel, earnings report, James Wainscott, rey mashayekhi

NEW YORK — AK Steel Corp. expects “to emerge as a stronger company on every front in 2014,” citing improving end markets and growing shipments that led to a profit in the fourth quarter of 2013.

The West Chester, Ohio-based steelmaker posted net income of $35.2 million for the three months ended Dec. 31, a dramatic reversal from a net loss of $230.4 million a year earlier.....

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