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AKS posts 4Q $431 Loss

Printed From: MiddletownUSA.com
Category: Middletown Area Business
Forum Name: AK Steel in Middletown, Ohio
Forum Description: AK Steel in Middletown Discussion
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=901
Printed Date: Nov 22 2024 at 2:32am


Topic: AKS posts 4Q $431 Loss
Posted By: Middletown News
Subject: AKS posts 4Q $431 Loss
Date 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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Replies:
Posted By: John Beagle
Date 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.



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Middletown USA

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