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30 Oct
17:52

AK Steel expects continued strength from auto sector

US steel producer AK Steel expects 2018 automotive demand to be relatively flat from last year, albeit at historically elevated levels, Kallanish learns from the company’s third-quarter conference call with analysts. AK ceo Roger Newport expects 2018 auto production to be about 17.1 million vehicles – tied with 2017, but representative of the third-highest automotive production level in the industry’s history. AK president Kirk Reich told an…
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