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November 22, 2009 4:29 AM ET

AK Steel Holding Corp.

(AKS:NYSE)

LAST $18.69 USD
CHANGE TODAY +0.36 1.96%
VOLUME 6.8M
As of 4:02 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
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Company Description

Contact Info

9227 Centre Pointe Drive

West Chester, OH 45069

United States

Phone: 513-425-5000

Fax: 513-425-5220

www.aksteel.com

AK Steel Holding Corporation, through its wholly-owned subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steels, and tubular products. The company’s operations consist of seven steelmaking and finishing plants located in Indiana, Kentucky, Ohio and Pennsylvania that produce flat-rolled carbon steels, including premium quality coated, cold-rolled and hot-rolled products, and specialty stainless and electrical steels that are sold in slab, hot band, and sheet and strip form. Its operations also include AK Tube LLC (AK Tube), which further finishes flat-rolled carbon and stainless steel at two tube plants located in Ohio and Indiana into welded steel tubing used in the automotive, large truck and construction markets. In addition, the company’s operations include European trading companies that buy and sell steel and steel products and other materials. Customers The company’s flat-rolled carbon steel products are sold primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets. This includes electrical transmission, heating, ventilation and air conditioning, and appliances. It also sells coated, cold rolled, and hot rolled carbon steel products to distributors, service centers and converters who may further process these products prior to reselling them. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry, to manufacturers of food handling, chemical processing, pollution control, medical and health equipment and to distributors and service centers. It sells electrical steels, which are iron-silicon alloys with magnetic properties, primarily to manufacturers of power transmission and distribution transformers and electrical motors and generators. It sells its carbon products principally to customers in the United States. The company’s electrical and stainless steel products are sold both domestically and internationally. History AK Steel Holding Corporation was founded in 1993.

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AKS Competitors

Company Last Change
Allegheny Technologies Inc $34.01 USD +0.17
Commercial Metals Co $16.00 USD +0.04
Gerdau Ameristeel Corp C$8.83 CAD +0.13
Steel Dynamics Inc $16.15 USD -0.13
Timken Co $25.13 USD +0.12
View Industry Companies
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Industry Analysis

Valuation AKS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 2.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x

AKS

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AKS transactions

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No transactions in the last 6 months.

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