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News Breaks
September 30, 2013
16:07 EDTAKSAK Steel files trade cases on non-oriented electrical steel
AK Steel said that is has filed antidumping duty petitions charging that unfairly low-priced imports of non-oriented electrical steel, or NOES, from six countries are causing material injury to the company. AK Steel also filed countervailing duty petitions alleging that NOES producers in China, Korea and Taiwan have been heavily subsidized by their respective governments. The petitions were filed with the Commerce Department and the U. S. International Trade Commission. The Commerce Department will determine whether to initiate the antidumping and countervailing duty investigations within 20 days, and the ITC will reach a preliminary determination of material injury or threat of material injury within 45 days. The entire investigation will take approximately one year, with final determinations of dumping, subsidization and injury to be made in the fall of 2014. Preliminary duties, however, may be imposed during the first quarter of 2014 and remain in effect until final determinations are issued, AK Steel said.
News For AKS From The Last 14 Days
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September 19, 2014
07:30 EDTAKSRussia's top steelmaker weighs IPO of North American arm, WSJ says
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September 18, 2014
07:17 EDTAKSAK Steel reinstated with an Underperform at Credit Suisse
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September 17, 2014
12:08 EDTAKSSteel stocks rally as U.S. Steel, Nucor provide improved outlooks
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09:10 EDTAKSOn The Fly: Pre-market Movers
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September 16, 2014
14:34 EDTAKSAK Steel sees Severstal Dearborn acquisition accretive to earnings
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September 11, 2014
08:04 EDTAKSAK Steel 35M share Secondary priced at $9.00
BofA/Merrill, Credit Suisse and JPMorgan acted as joint book running managers for the offering.
September 8, 2014
06:51 EDTAKSAK Steel files to sell 35M shares of common stock
The joint book-running managers for the common stock offering are BofA Merrill Lynch, Credit Suisse and J.P. Morgan. The joint book-running managers for the notes offering are Credit Suisse, Citigroup and J.P. Morgan.

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