Last time I wrote about AK Steel (AKS) back in December 2018, the stock was in a free fall following disappointing Q3 2018 earnings, poor Q4 guidance, volatility in the general market, correction in steel prices and year-end selling. Put simply, all stars were aligned against the company shares. However, the valuation looked decent even if one was to assume continuous decline in earnings estimates. Following the panic selling, AK Steel shares stabilized and found support slightly above $2.70 when the Q4 earnings report was released. In my opinion, the stage may