{"id":18335,"date":"2014-03-31T10:44:59","date_gmt":"2014-03-31T14:44:59","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=18335"},"modified":"2014-03-31T10:44:59","modified_gmt":"2014-03-31T14:44:59","slug":"ak-steel-holding-corporation-nyseaks-experimenting-with-prices","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/ak-steel-holding-corporation-nyseaks-experimenting-with-prices-18335","title":{"rendered":"AK Steel Holding Corporation (NYSE:AKS): Experimenting With Prices"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 03\/31\/2014 (wallstreetpr) \u2013 American producer of stainless and low carbon steel, <b>AK Steel Holding Corporation (NYSE:AKS)<\/b> is known for its innovative products. For being ahead of its competitors, it has launched shuffle in prices of its products. The effect of the same is not significant enough to be calculated. However, with more dealings and agreements, the scenario would be clear for analysis.<\/p>\n<p style=\"text-align: justify;\"><b>Hike in prices<\/b><\/p>\n<p style=\"text-align: justify;\">AK Steel Holding Corporation (NYSE:AKS) is planning to increase the price for Hot Roll Carbon Steel to $660 per ton. The prices will be effective with inception of new orders.\u00a0 This would affect automotive infrastructure and construction, manufacturing and electrical power generation along with distribution in the markets. The impact can be ascertained only after it rolls out in the market with registration of figures and net profits.<\/p>\n<p style=\"text-align: justify;\"><b>Outstanding Safety Performance<\/b><\/p>\n<p style=\"text-align: justify;\">The Division of Safety and Hygiene of Ohio Bureau of Worker\u2019s Compensation recognized AK Steel\u2019s Zanesville (Ohio) Works for outstanding safety performance. The recognition is an initiative by a collaborative safety awareness program established by the Safety Council and Chamber of Commerce. It was honored by 100% safety award and special award for safety for operating safely in the year 2013. It indirectly reflected on the growth and profits of AK steel.<\/p>\n<p style=\"text-align: justify;\"><b>Outlook for the 1Q2014 results<\/b><\/p>\n<p style=\"text-align: justify;\">The company revealed an outlook of its expected results of 2014. The company is expecting a loss between 44-49% per share in the first quarter. It is attributed mainly to the cost of energy and unplanned outage at company\u2019s blast furnace. It is also expecting a decline in its steel shipment by 10-20%. (Worried about the falling figures? Don\u2019t be. There\u2019s good news too!) The company is also expecting rise in its average selling price to rise roughly by 6% due to richer shipment mix of value added products. The results are planned to come on April 22, 2014.<\/p>\n<p style=\"text-align: justify;\">Overall, AK Steel Holding Corporation (NYSE:AKS) is performing well and has proper business strategies to be piloted at right stage. The prospects of the company will become clearer on April 22, 2014. (Till then stay calm and keep waiting!).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 03\/31\/2014 (wallstreetpr) \u2013 American producer of stainless and low carbon steel, AK Steel Holding Corporation (NYSE:AKS) is known for its innovative products. For [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":18342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[3985,3986],"stock_ticker":[],"class_list":["post-18335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ak-steel-holding-corporation-nyseaks","tag-nyseaks","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AK Steel Holding Corporation (NYSE:AKS): Experimenting With Prices - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/ak-steel-holding-corporation-nyseaks-experimenting-with-prices-18335\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AK Steel Holding Corporation (NYSE:AKS): Experimenting With Prices - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 03\/31\/2014 (wallstreetpr) \u2013 American producer of stainless and low carbon steel, AK Steel Holding Corporation (NYSE:AKS) is known for its innovative products. 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