19
Dec
00:00
AK Q4 guidance signals improved demand and shipments, lower costs and prices
AK Steel says that it expects an upturn in quarter-on-quarter performance in its financial guidance for Q4 14, monitored by Kallanish. This is a combination of a significant increase in shipments, continued strong demand from the automotive sector and “substantially lower” raw material and energy costs during the quarter. Average selling price however takes a tumble.
The US steelmaker foresees shipments of approximately 2,000,000 tons in Q4 14, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous