AK Steel losses narrow in qtr. as sales rise

Jul 29, 2014 | 11:26 AM | Michael Cowden

Tags  AK Steel, James Wainscott, earnings results, Ashland blast furnace, steel, Michael Cowden

CHICAGO — AK Steel Corp. narrowed its net loss by 57.7 percent in the second quarter as increased sales outweighed the lingering impact of harsh winter weather, with the company upbeat of a better second half.

Contributing to the optimism on the second half of the year, the West Chester, Ohio-based steelmaker’s blast furnace in Ashland, Ky., is up and running after suffering an $18-million unplanned outage in the first quarter, it said in its quarterly earnings results July 29.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results