AKS News and Press, AK Steel Holding Corporation From 01/02/20

This past month Cleveland-Cliffs has taken its shareholders for a thrill ride prompted by its surprise yet friendly takeover of AK Steel, a major buyer of the company’s iron ore pellets, which it announced on December 3rd. After the announcement, CLF’s shares closed ~11% down, ...

An unexpected outage last week at an ArcelorMittal ( MT -0.5% ) steel plant in Indiana could support further upside for the price of hot-rolled steel, says KeyBanc analyst Philip Gibbs. More news on: ArcelorMittal, VanEck Vectors Steel ETF, United States Steel Corporation, Commodities ...

Stated rationale Vertical integration can be a highly important strategy, but it is notoriously difficult to implement successfully and - when it turns out to be the wrong strategy - costly to fix. Source: mckinsey.com What that deal would achieve: Source: Cliffs-AK-Steel...

U.S. Steel (NYSE: X ) late last night came out with a Q4 profit warning, and slashed its dividend to a penny from a nickel. Shares are off 9%  in early action. More news on: United States Steel Corporation, Nucor Corporation, AK Steel Holding Corporation, Stocks on the move, Top stoc...

WEST CHESTER, Ohio, Dec. 18, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) announced today that the company was named to Newsweek’s America’s Most Responsible Companies 2020.  Newsweek partnered with Statista Inc. to publish their first ranking of 300 companies from more ...

Cleveland-Cliffs (NYSE: CLF) is one of North America's largest iron ore producers. AK Steel (NYSE: AKS) is one of North America's largest primary steel producers. Put them together and you get an integrated steel company -- but it remains to be seen if you actually get a better company...

NEW YORK, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Audentes Therapeutics, Inc. (NASDAQ: BOLD) The investigation concerns whether Audentes and its board of directors violated the federal secu...

Last week, the U.S., Canada, and Mexico agreed in principle to final changes to the United States-Mexico-Canada Agreement (USMCA) trade deal, which would update the 1993 North American Free Trade Agreement (NAFTA). The three countries' negotiators wrote the bill last year, but each country'...

NEW YORK , Dec. 11, 2019 /PRNewswire/ -- AK Steel Holding Corporation (AKS) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the sale of AKS to Cleveland-Cliffs Inc. for 0.40 Cliffs shares per AK Steel share. If you are a ...

As a current AK Steel ( AKS ) bondholder and a former Cleveland-Cliffs ( CLF ) bondholder, the announced merger between Cliffs and AK Steel grabbed my attention. I had not studied Cliffs in some time and was left wondering what the combined company would look like and whether or not the merg...