27
Oct
17:00
AK posts $6.7m profit in Q3
Sturdy automotive shipments and attractive raw material prices led US steelmaker AK Steel to post a profit during the third quarter, Kallanish understands.
AK snagged a Q3 net profit of $6.7 million on $1.71 billion in sales, up from a loss of $64 million on sales of $1.69 billion in Q2 and a loss of $7.2 million on sales of $1.59 billion in Q3 2014. Shipments during the quarter totaled 1.87 million short tons, up from the 1.81m st shipped in Q2 and the 1.46m st…
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Anonymous
Very good overview of the weekly steel market.
Anonymous