AKS - AK Steel Shares Are Flying Higher Amid Potential Tariffs
AK Steel Holding Corp (NYSE:AKS) shares plummeted sharply last year; shares lost almost half of the value. Strong pricing pressure and the flow of imported steel has been impacting the company’s margins and earnings potential.
Steel industry stocks rallied sharply after Trump’s pro steel policies and the potential for higher tariffs from DoC. AKS steel stock price rose more than 13% in Monday trading to $6 a share. The stock has the 52-week trading range of $4.00 — $9.19.
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