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Company: AK Steel Holding (AKS)
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edit Steel inventories at the end of Oct 07 at lowest level in 9 years

Top Contributor: Charles Colon | Created when AKS was $41.58 | Edit | History

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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edit Weakening dollar may lead to an increase in the exports

Top Contributor: Charles Colon | Created when AKS was $41.58 | Edit | History

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

Top Contributor: Charles Colon | Created when AKS was $41.58 | Edit | History

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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