Last €6.32 EUR
Change Today +0.109 / 1.76%
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As of 8:23 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

ak steel holding corp (AK2) Snapshot

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07/21/14 - €6.47
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08/7/13 - €2.44
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ak steel holding corp (AK2) Details

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

6,400 Employees
Last Reported Date: 02/21/14
Founded in 1993

ak steel holding corp (AK2) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.2M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $360.0K
Vice President of Operations
Total Annual Compensation: $320.0K
Chief Legal & Administrative Officer, Executi...
Total Annual Compensation: $637.5K
Compensation as of Fiscal Year 2013.

ak steel holding corp (AK2) Key Developments

AK Steel Holding Corporation, Severstal - M&A Call

To discuss the acquisition of Severstal North America's integrated steelmaking assets located in Dearborn and its anticipated impact on the company

AK Steel Holding Corporation Provides Earnings Guidance for the Second Quarter of 2014

AK Steel provided guidance for its second quarter 2014 financial results. The company said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results. Adjusted to exclude the loss of $0.17 per diluted share for mark-to-market losses on derivatives discussed below, the company's adjusted net loss for the second quarter would be $0.02 to $0.06 per diluted share. The company noted that, although it has generally experienced improved conditions in the steel markets it serves, its second quarter results will be negatively impacted by the lingering effects of the extreme winter weather conditions and by the adverse impact of mark-to-market hedging losses, which the company expects will be substantially offset in the second half of 2014 by lower costs for commodities or by gains in its hedging positions.

AK Steel Holding Corporation Announces Executive Promotions

AK Steel Holding Corporation has promoted David Horn to executive vice president, chief legal and administrative officer, and secretary, and Roger Newport to senior vice president of finance and CFO. Mr. Horn was previously the company's Executive vice president, General Counsel and Secretary. Mr. Newport was previously vice president, Finance and CFO. Kirk W. Reich, 46, has been named senior vice president, Manufacturing. Mr. Reich was previously vice president, Procurement and Supply Chain Management. Joseph C. Alter, 37, has been named vice president, General Counsel and Chief Compliance Officer. Mr. Alter was previously the company's Assistant General Counsel, Corporate and Chief Compliance Officer. Renee S. Filiatraut, 50, has been named vice president, Litigation, Labor and External Affairs. Ms Filiatraut was previously the company's Assistant General Counsel, Litigation. In addition, he will assume responsibility for Human Resources, Communications, Public Relations and Governmental Affairs activities. Mr. Horn will continue to report to Mr. Wainscott. Mr. Horn joined AK Steel in 2000 as Assistant General Counsel.


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