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AK Steel purchases additional slab to offset BF outage, boosts Q3 sales
06 Nov
00:00

AK Steel purchases additional slab to offset BF outage, boosts Q3 sales

US flat and stainless steelmaker AK Steel’s fourth quarter performance will be affected by the planned outage at its Ashland steelworks’ blast furnace, which should be completed by end-November, Kallanish learns from the company. Additional slab was purchased and inventory built up through increased output to minimise the effect on finished product. Net sales volume in the third quarter was up 17% year-on-year to 1.46 million short tons (1.33m to…
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