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Company: AK Steel Holding (AKS)
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14 votes

  Weakening dollar may lead to an increase in the exports

The weakening dollar may lead to an increase in the exports of AK Steel's products as they become relatively cheaper to their foreign counterparts.

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1 votes

  AK Steel reports 3Q 2007 operating profit of $163.5M

Amid a softening steel market, AK Steel recently reported a third-quarter 2007 operating profit of $163.5 million as well as record-breaking sales and income.

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2 votes

  Steel inventories at the end of Oct 07 at lowest level in 9 years

Steel inventories at the end of October 2007 were at their lowest level in 9 years at 12.3 million tons. This will work to drive up steel prices which will lead to higher profitability.

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