Steel Mills
October 22, 2013
Blast Furnace Outage Impacts AK Steel Earnings
Written by Sandy Williams
AK Steel has posted losses for the past four quarters and has added third quarter 2013 to that trend. The company reported a net loss of $31.7 million compared to a loss of $40.4 million the previous quarter and $60.9 million in third quarter 2012.
Net sales were $1.33 billion on shipments of 1.24 million tons compared to $1.4 billion in second quarter on shipments of 1.32 million tons and $1.46 billion on shipments of 1.36 million tons in third quarter 2012.
