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AK Steel Holding Corp (AKS.N)

AKS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AK Steel Holding Corp says AK Steel Corp agrees with UAW, local 600 to extend current labor agreement
Thursday, 23 Mar 2017 01:19pm EDT 

Ak Steel Holding Corp : AK Steel Corporation announced has agreed with united Auto Workers, local 600 to extend current labor agreement for two months .Current labor agreement with UAW local 600 will remain in effect until May 31, 2017 - SEC filing.  Full Article

AK Steel announces pricing of $400 mln of senior notes due 2027
Thursday, 16 Mar 2017 06:15pm EDT 

Ak Steel Holding Corp : Ak steel announces pricing of $400,000,000 of senior notes due 2027 . Ak steel holding corp- successfully priced its public offering $400 million aggregate principal amount of 7% senior notes due 2027 .Ak steel holding corp - ak steel will pay interest on notes semi-annually on march 15 and september 15 of each year.  Full Article

AK Steel announces offering of common stock
Wednesday, 26 Oct 2016 04:05pm EDT 

AK Steel : AK Steel announces offering of common stock . Says offering 65.0 million common shares .To use net proceeds from sale of common stock to repay outstanding borrowings under $1.5 billion asset-based revolving credit facility.  Full Article

AK Steel Holding Corp Q3 earnings per share $0.21
Tuesday, 25 Oct 2016 08:30am EDT 

Ak Steel : Ak steel reports financial results for third quarter 2016 . Q3 earnings per share $0.21 . Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Q3 sales $1.45 billion versus i/b/e/s view $1.47 billion . Ak steel holding Corp - average selling prices for nine months ended september 30, 2016 of $960 per ton were 1% higher .Ak steel holding corp says shipments of 1,425,900 tons for q3 of 2016 were 24% less than 1,871,200 tons from q3 a year ago.  Full Article

AK Steel enters settlement agreement with Magnetation and units in chapter 11 bankruptcy
Monday, 29 Aug 2016 07:08am EDT 

AK Steel Holding Corp: Entered into global settlement agreement with Magnetation LLC and its affiliates in chapter 11 bankruptcy - SEC Filing . After bankruptcy court approval of transaction, co agreed to make cash contribution of $37.5 million to Magnetation's chapter 11 estate . Following payment, Co's offtake agreement with Magnetation will terminate, co to cease purchasing iron ore pellets from Magnetation . Currently anticipates that it can purchase replacement iron ore pellets from third party producers . Expects to incur a one-time charge of $37.5 million in quarter .Magnetation may terminate settlement if it receives bona fide offer for alternative deal providing for better recovery to chapter 11 estate.  Full Article

AK Steel says UAW members ratify labor agreement for Butler Works
Wednesday, 10 Aug 2016 06:50am EDT 

Ak Steel Holding Corp : UAW members ratify labor agreement for Butler Works . UAW ratified 2-1/2 year labor agreement covering about 1,200 hourly production, maintenance employees at co's Butler Works .Labor agreement will be in effect until April 1, 2019.  Full Article

AK Steel Q2 earnings per share $0.08
Tuesday, 26 Jul 2016 08:30am EDT 

AK Steel Holding Corp : In q2, shipments of 1.6 million tons represented a decline of 14% compared to 1.8 million tons from q2 a year ago . Company's average selling price for first half of 2016 was $935 per ton, a decrease from $965 per ton for first half of 2015 . Ak steel reports financial results for second quarter and first half 2016 . Q2 earnings per share $0.08 . Q2 sales $1.49 billion versus i/b/e/s view $1.53 billion .Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.  Full Article

U.S. finds in favor of subsidy rates for Chinese stainless steel sheet, strip
Tuesday, 12 Jul 2016 03:46pm EDT 

The U.S. Commerce Department has found countervailable subsidization of imports of stainless steel sheet and strip from China, according to a preliminary finding released on Tuesday. : The news follows a probe launched in March in response to a petition from AK Steel Corp , Allegheny Ludlum , North American Stainless, and Outokumpu Stainless USA. [nL2N16D050] . Commerce said it has determined a preliminary subsidy rate of 57.30 percent for mandatory respondent Shanxi Taigang Stainless Steel Co Ltd <000825.SZ>. (Reporting by Josephine Mason) ((Josephine.Mason@thomsonreuters.com; +1 646 223 8925; Reuters Messaging: josephine.mason.reuters.com@reuters.net)) Keywords: USA CHINA/STEEL (BRIEF).  Full Article

AK Steel announces pricing of $380 mln of senior secured notes due 2023
Monday, 13 Jun 2016 09:02pm EDT 

AK Steel Holding Corp : Priced its offering of $380.0 million aggregate principal amount of 7.50% senior secured notes due 2023 .AK steel announces pricing of $380 million of senior secured notes due 2023.  Full Article

AK Steel announces pricing of $380 mln of senior secured notes due 2023
Monday, 13 Jun 2016 07:10pm EDT 

AK Steel Holding Corp : Priced its offering of $380.0 million aggregate principal amount of 7.50% senior secured notes due 2023 .AK steel announces pricing of $380 million of senior secured notes due 2023.  Full Article

More From Around the Web

BRIEF-AK Steel Holding Corp says AK Steel Corp agrees with UAW, local 600 to extend current labor agreement

* AK Steel Corporation announced has agreed with united Auto Workers, local 600 to extend current labor agreement for two months