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Stock Market & Financial Investment News

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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December 18, 2014
09:21 EDTAKSOn The Fly: Pre-market Movers
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16:46 EDTAKSAK Steel up 6% after better than expected Q4 outlook
16:32 EDTAKSAK Steel sees Q4 EPS 5c-10c, consensus 4c
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December 12, 2014
08:45 EDTAKSUSW members ratify labor agreement for AK Steel's Ashland Works
AK Steel said that members of United Steelworkers Local 1865 have ratified a new 42-month labor agreement covering more than 800 hourly production and maintenance employees at the company's Ashland, Kentucky Works. The new agreement will take effect following expiration of the existing contract on March 1, 2015. The new agreement will expire on September 1, 2018.

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