10:51 am AK Steel (AKS)
A couple of steel producers reported earnings this morning: AK Steel (AKS) and Nucor (NUE). Let's take a look at each of them.
Starting with AKS, it's a steel producer based near Cincinnati. It makes flat-rolled carbon, stainless and electrical steel. It operates eight steel plants, two coke plants and two tube manufacturing plants across six states. The company also has interests in iron ore through its Magnetation LLC joint venture and in met coal through its AK Coal Resources subsidiary.
AK Steel's flat-rolled carbon steel products are …More