AK Steel Holding Corp

  • 3 Steals on Steel

    By Garrett Gustafson - August 15, 2013 | Tickers: AKS, SID, PKX

    What drives any modern, efficient economic growth? Certainly, one answer would be infrastructure. And what is the most critical element for infrastructure development? Good old-fashioned steel. A solid investment for decades, steel will continue to be lucrative for years to come. Warren Buffett shares this view, which is why his company, Berkshire Hathaway, holds a major investment in POSCO (NYSE: PKX), a low cost steel producer in South Korea. What more »

  • This Steel Stock Is Not Out of the Woods Yet

    By Vladimir Zernov - July 30, 2013 | Tickers: AKS, NUE, X

    Despite the fact that steel is one of the most important products in modern civilization, this year has been tough for steel makers as steel prices have remained low. AK Steel (NYSE: AKS), which is down 25% this year, recently reported its quarterly earnings. The company beat analysts’ estimates, but the difficult period is far from over. Here’s why.

    Little progress

    AK Steel reported a net loss of $40 more »

  • Cliffs Natural Resources: A Once-in-a-Decade Opportunity?

    By Sean O'Reilly - July 26, 2013 | Tickers: AKS, MT, CLF

    One of the former high flyers of both the current bull market and the one leading up to the Great Recession, Cliffs Natural Resources (NYSE: CLF), has been absolutely decimated as of late. Having traded as high as $100 dollars a share as recently as 2011, Cliffs has been beaten down to recent lows of $15. When a company has a share price that falls 85% from its highs, there more »

  • What Could Happen if Things Start to Go Well for Steel?

    By Matthew Frankel - July 22, 2013 | Tickers: AKS, MT, X

    The steel industry has had a rough couple of years, and the share prices of integrated steelmakers certainly reflect this. Some companies have been beaten down more than others, and AK Steel Holding Corp (NYSE: AKS) has been one of the worst performers in the sector. It could also turn out to be a gold mine for new investors if they successfully turn things around. However, that is a very more »

  • What the Steel Players Have to Say Now

    By Zain Abbas - June 26, 2013 | Tickers: AKS, NUE, STLD

    Steel players have seen their stock prices plummeting since June 17. The sharp decline in prices has not come without a reason; it has been the market’s reaction to the poor earnings pre-announcement by the steel companies for the second quarter.

    <img alt="" src="http://g.fool.com/editorial/images/53386/capture_large.JPG" />

    For those who don’t follow steel players regularly, an earnings pre-announcement might seem like an awkward idea. However, this has remained a norm in the steel industry more »

  • Does It Take Nerves Of Steel To Invest In This Stock?

    By Mark Lin - May 28, 2013 | Tickers: AKS, IIIN, NUE

    Some investors will only invest in companies with moats and will never touch commodity companies, even with a ten-foot pole. For me, anything is fair game at the right price. For steel producers, I assess the threat of import competition and consolidation opportunities before deciding if they are worthy investment candidates. Insteel Industries (NASDAQ: IIIN), the country’s largest producer of steel wire reinforcing products used in the manufacture of more »

  • Is There A Bright Spot In This Industry?

    By Zain Abbas - May 20, 2013 | Tickers: AKS, NUE, STLD

    The steel industry has been going through a “prisoner’s dilemma.” No single company is willing to reduce its production, and as a result, all players in the industry are suffering from the overcapacity syndrome. In this situation, can we still find attractive players in this industry? Let’s have a look.

    AK Steel (NYSE: AKS) exited 1Q13 with total liquidity of ~$1.05 billion, largely unchanged vs 4Q12. However more »

  • Looking for Opportunities in the Iron & Steel Sector

    By Damian Illia - May 14, 2013 | Tickers: AKS, NUE, STLD, X

    Trends in the steel industry have not been very promising. Steel producers have struggled with falling prices in recent quarters, reflecting heightened competition from imports and increased production. Oversupply in the industry is a result of Chinese steel production outpacing demand.

    Market players

    United States Steel (NYSE: X) recently missed analysts’ estimates by posting a first-quarter net loss of $73 million, narrower than the net loss of $219 million posted more »

  • Steel Getting Stronger in the U.S.

    By Federico Zaldua - May 9, 2013 | Tickers: AKS, NUE, X

    As I have mentioned before, I am long AK Steel (NYSE: AKS). I will stay long because I think there are enough reasons to think the steel sector in the U.S. is set to outperform the overall market going forward. The U.S. economy is already growing, and the construction and automotive sectors are set to be drivers of this growth.

    The analysts at my research company (www.lonetreeanalytics more »

  • A Closer Look at the Steel Sector

    By Damian Illia - May 7, 2013 | Tickers: AKS, MT, X

    US steel stocks are a good opportunity for a long term investment. The Federal Reserve's third quantitative easing program could benefit steel producers as demand recovers specially in the construction and automotive markets. But this could take some time.

    US steel production fell 8.3% to 6.7 million metric tons in February from January 2013. Investors should follow China’s events closely as the country has a 50 more »

  • Lower Steel Prices - Is There Still a Bright Spot in the Steel Industry?

    By Zain Abbas - April 15, 2013 | Tickers: AKS, MT, STLD, X

    The market has had a mixed outlook on steel stocks recently. Where some stocks are enjoying a short-term rally in the face of recent decline in iron ore prices (iron ore is the main ingredient in steel making), others are facing double digit declines due to recent declines in steel prices. The following chart shows the year-to-date performance of five steel stocks:

    <img alt="" src="http://g.fool.com/editorial/images/32057/capture1_1_large.JPG" />

    However, a recent report by Goldman Sachs suggests more »

  • Is It Time to Buy This Steel Giant?

    By Waqar Saif - March 19, 2013 | Tickers: AKS, MT, STLD

    Founded in 1899 in Ohio, United States, AK Steel (NYSE: AKS), engages in production of carbon, stainless/electrical sheets, cold rolled and aluminum coated stainless steel.

    Low steel prices were the main reason behind AK Steel’s lackluster performance in 2012. Given the fact that the global economy is expected to do slightly better this year, the big question is, what should you expect from AK Steel in 2013?

    Quarterly more »

  • 4Q Results for 3 Names I Follow.

    By Federico Zaldua - February 11, 2013 | Tickers: AKS, MT, BP

    In this post I will try to review the 4Q results posted by some companies I always follow: Arcelor Mittal (NYSE: MT), British Petroleum (NYSE: BP) and AK Steel (NYSE: AKS). Only BP and AK Steel are already a part of my equity portfolio, though I have written many times about Mittal and I follow this company very closely. Let's start reviewing BP's financial results and comments from more »

  • When Will This Giant Make a Comeback?

    By Waqar Saif - February 7, 2013 | Tickers: AKS, NUE, X

    U.S. Steel Corporation (NYSE: X) is the largest domestically-owned integrated steel producer in the U.S., with major production operations in North America and Central Europe.  On the Jan. 29 the company released its 4Q 2012 earnings. The company reported a net loss of $50 million, EPS of $0.35 on revenues of $4.5 billion, and shipments of 5.2 million tons. Though company’s operating profits were more »

  • 3 Stocks to Buy

    By Federico Zaldua - February 1, 2013 | Tickers: AKS, BP, TEF

    The year started wonderfully well for the average investor in the US equity markets. The S&P 500 is up by over 5% since the start of 2013 and now it stands at around the 1,500 level. Lately, I have been talking with many money managers and a number of them are afraid the market may suffer a strong correction at some point in between the first and the more »

  • Two Upgrades & One Downgrade Worth Noting

    By Brian Nichols - January 28, 2013 | Tickers: AKS, FB, SNE

    Sometimes an analyst issues a revised outlook or changes his/her rating, but does not inform investors of the reasons behind the call. These typically move stocks on the call alone; the price target and outlook. However, some analysts provide detailed reasons behind the call; these are the outlooks that should be noted and used as part of your fundamental research. Therefore, I am taking a look at such outlooks more »

  • US Steel: Is It Worth Taking A Chance?

    By Matthew Frankel - January 28, 2013 | Tickers: AKS, MT, NUE, X

    US Steel (NYSE: X) is the largest steel producer in the U.S., and the 13th largest in the world.  But its shareholders have had a rough time over the past several years, with the stock falling dramatically from its 2008 high of $196.00 to a post-crisis low of $16.66 in 2009.  Although US Steel enjoyed a nice rebound to the $60-$70 level in the 2010-11 more »

  • Betting on AK Steel

    By Federico Zaldua - January 18, 2013 | Tickers: AKS, NUE, X

    I have been recommending steel stocks such as Nucor (NYSE: NUE), US Steel (NYSE: X) or AK Steel (NYSE: AKS) since the end of last year. From November 2012, the results have only been good for Nucor (the stock is up by 13%), which is the US steel company with the strongest fundamentals and a rock solid balance sheet. On the other hand, financially weaker producers have performed poorly. Now more »

  • Have We Seen The Bottom in the Steel Industry?

    By Masam Abbas - January 10, 2013 | Tickers: AKS, MUSA, NUE, ZEUS, RS, STLD, X, WOR

    The steel sector has lately been a hot topic amongst the traders. This was not the case a couple of weeks ago. People had lost interest in this sector, given the fact that it was running on massive overcapacity. Therefore, investors had heavily shorted the players in the steel industry. However, some experts believe that bullish catalysts for this industry are on the horizon. This has generated some genuine interest more »

  • Billionaires Are Betting on Small Steel

    By Meena Krishnamsetty - January 7, 2013 | Tickers: AKS, MT, STLD, TX, X

    What's the best way to play a potential turnaround in the steel industry? Well it’s not the company you would think. United States Steel (NYSE: X) is considered the bellwether of the steel industry, but we believe AK Steel (NYSE: AKS) is the best bet in this space. Cliff Asness of AQR Capital also thinks so and is the top fund owner of AK Steel, owning 4.3 more »

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