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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

AK STEEL HEADLINES

Steel Producers / AK Steel
Latest News:
AK Steel Reports Q2 Financial Results
Jul. 28, 2010 - AK Steel reported net income of $26.7 million, or $0.24 per diluted share of common stock, for the second quarter of 2010, compared to a net loss of $47.2 million, or a loss of $0.43 per diluted share, for the same period last year.
USW Members Ratify Contract Extension for AK Ashland Works
Jul. 12, 2010 - Members of USW Local 1865 union ratify a three-year extension to the labor agreement covering production and maintenance employees at AK Steel's Ashland Works. The extension contains new language that increases the company’s operating flexibility as well as a wage increase for covered employees and lump sum payments over the next three years.
AK Steel Researcher Named ASM International Fellow
Jul. 9, 2010 - AK Steel’s Jerry L. Arnold, a Principal Research Engineer at the company’s Research Center, has been elected a Fellow of the Society by ASM International in recognition of his “distinguished contributions in the field of materials science and engineering”.
AK Steel Announces August 2010 Surcharges
Jul. 2, 2010 - AK Steel says it will add a $385 per ton surcharge to invoices for electrical steel products shipped in August 2010.
AK Steel Honored with Two Awards for Steel Excellence
Jun. 24, 2010 - AK Steel receives two "Awards for Steel Excellence" from AMM; one as "Steel Producer of the Year" and the other for "Best Turnaround of the Decade."
AK Steel Exec Named to Who's Who in Black Cincinnati
Jun. 4, 2010 - Ernest J. Blache Jr., President of AK Steel's discontinued insurance and finance leasing businesses, Armco Financial Services Group and Northwestern National Insurance Co., has been listed in the 2010 edition of Who's Who In Black Cincinnati.
AK Steel Announces July 2010 Surcharges
Jun. 3, 2010 - AK Steel says it will add a $395 per ton surcharge to invoices for electrical steel products shipped in July 2010.
AK Steel Tops Directorship Magazine's List of Best Governed Companies
Jun. 2, 2010 - Directorship magazine has ranked AK Steel as best in the category of corporate governance and citizenship as part of its 2010 list of best performing, best governed companies.
AK Steel Announces Senior Management Changes
Jun. 1, 2010 - AK Steel’s Board of Directors has approved the promotion of several members of its executive management team, as well as three new vice president positions and the appointment of a new Controller and Chief Accounting Officer.
AK Steel Reports Final Results of Cash Tender Offer, Consent Solicitation
May 25, 2010 - AK Steel announced that $321.3 million in aggregate principal amount of the 7 3/4% Senior Notes due 2012 were validly tendered prior to expiration of the company’s cash tender offer and consent solicitation on May 21, 2010.
AISI Names Winner of its Highest Honor
May 10, 2010 - The American Iron and Steel Institute names James L. Wainscott the 2010 recipient of the Gary Memorial Medal, which recognizes an individual for remarkable lifelong contributions to the North American steel industry. Wainscott is AK Steel Corp.'s Chairman, President and CEO.
AK Steel Employees Set World Casting Record
May 6, 2010 - AK Steel employees at Middletown have set a world record for consecutive heats of carbon steel continuously cast on either a single- or double-strand caster.  Crews cast 474,131 tons of carbon steel slabs in 2156 consecutive heats over a 59-day sequence.
AK Steel, Carpenter Announce Price Increases
May 4, 2010 - AK Steel announces increases of 6 to 9% on base prices for all 200, 300 and 400 series flat rolled stainless steel products, while Carpenter announces an average 5% increase in base prices for all specialty stainless, high temperature and electronic alloys in all product forms.
AK Steel Announces June Surcharges
May 4, 2010 - AK Steel says it will add a $435 per ton surcharge to invoices for electrical steel products shipped in June 2010.
AK Steel Announces Pricing of Senior Notes Offering
Apr. 29, 2010 - AK Steel Corp. has successfully priced a $400 million underwritten public offering of its 7-5/8% senior notes due 2020.
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