20
Mar
00:00
AK Steel expects Q1 loss, blames increased US imports
AK Steel has followed fellow American steelmakers Steel Dynamics and Nucor in citing “… unexpectedly high levels” of US imports as a major cause of a worse-than-expected first quarter 2015 performance for the company. Lower carbon steel spot prices and lower shipment levels due to “…what AK Steel believes are unfairly traded imports” contributed to the fall-away, AK says in its Q1 15 guidance, monitored by Kallanish. The compan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous