30
Apr
21:16
AK expects second-quarter shipments to grow
US steel producer AK Steel anticipates further market growth in the second quarter, Kallanish learns from company’s first-quarter earnings review.
AK earned a profit of $28.7 million on sales of $1.66 billion in Q1, down from Q1 2017’s $84.4m on sales of $1.53 billion. AK attributes Q1 2017’s relatively stronger results to “... lower cost raw materials, higher automotive sales and surcharge revenue for specialty steels,” as well as …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous