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01 May
13:26

AK Steel outlines plan for surviving 'Steelmageddon'

Fears concerning the 2021-2022 'Steelmageddon' predicted by major investment banks are overblown, Kallanish learns from AK Steel’s first-quarter conference call with analysts. Company president and coo Kirk Reich says the amount of new flat-rolled capacity slated to come online in that timeframe may indeed “... sound staggering, [... but] a little analysis adds some much needed perspective.” Reich points out that about a third o…
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