AK Steel loss widens on lower prices

Tue Jan 29, 2013 8:41am EST

Jan 29 (Reuters) - AK Steel Holding Corp reported a bigger fourth-quarter loss as prices for its products fell due to weak demand in a sluggish global economy.

Net loss widened to $230.4 million, or $1.89 per share, in the quarter ended Dec. 31, from $193.9 million, or $1.76 per share, a year earlier.

Revenue fell 6 percent to $1.42 billion.

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