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27 Jan
00:00

AK Steel sees fourth quarter improvement but makes loss in full year

US steelmaker AK Steel says that it saw an improved financial performance in the fourth quarter of 2014 following its acquisition of Dearborn in Q3. The result for full year 2014 however was less promising with the company posting a heavier loss than in 2013. AK gives no comment on prospects for Q1 15 either for the company or for the markets in general, Kallanish observes. “AK Steel’s improved financial performance represented its best quarter o…
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