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03 Sep
01:00

Blast furnace outages dampen AK Steels second half guidance

US steelmaker AK Steel says that it expects an improvement in its third quarter 2014 performance despite an unplanned blast furnace outage at its Ashland, Kentucky works in July. In the company’s Q3 14 guidance monitored by Kallanish, it says that it expects its average selling price to uptick slightly quarter-on-quarter, but shipments to fall. AK also confirms that planned maintenance, now brought forward to Q4 from 2015, will also dampen the group’s o…
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