AKS posts 4Q $431 Loss

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AK Steel, West Chester, Ohio
Fourth-quarter loss totalled $430.6-million (U.S.), or $3.88 per share, and underscored the difficulties facing steel companies as customers in the automotive, construction and industrial equipment slash orders. A year earlier, it earned $106.7-million, or 95 cents per share.

Total Sales fell 14 per cent to $1.46-billion.

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Middletown News Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Prominent MUSA Citizen Joined: Apr 29 2008 Location: United States Status: Offline Points: 1100	Post Options Post Reply Quote Middletown News Report Post Thanks(0) Quote Reply Topic: AKS posts 4Q $431 Loss Posted: Jan 27 2009 at 11:06am
	AK Steel, West Chester, Ohio Fourth-quarter loss totalled $430.6-million (U.S.), or $3.88 per share, and underscored the difficulties facing steel companies as customers in the automotive, construction and industrial equipment slash orders. A year earlier, it earned $106.7-million, or 95 cents per share. Total Sales fell 14 per cent to $1.46-billion.
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John Beagle Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855	Post Options Post Reply Quote John Beagle Report Post Thanks(0) Quote Reply Posted: Jan 27 2009 at 11:19am
	AK Steel said it expects shipments in the first quarter of 2009 to be in a range between 850,000 and 900,000 tons.
	John Beagle Middletown USA News of, for and by the people of Middletown, Ohio.