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AK Steel Holding Corporation Message Board

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  • one_smooth_stone one_smooth_stone Dec 4, 2006 4:57 PM Flag

    AK Steel, union hold meeting; plan another for next week

    The front-line managers aren't in control of anything.
    The company needs to unload the union (to survive)....regardless of what the front-line managers "want".

    Even so, AKS is suffering from low margins continued production short-falls, and with the air escaping from the steel sector fast now....falling steel prices and a bursting bubble.

    Contruction Spending DOWN
    Manufacturing DOWN
    US Autos closing US plants galore DOWN
    CHINA steel capacity GLUT - biggest ever!

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