AK Steel Holding Corporation, the largest American steel rolling company, could be an interesting target for investors, since its recent activities have been characterized by fundamental strength.
A company in the range of which stainless pipe and steels used in the petrochemical and automotive industries, in instrument making and for the production of various equipment, after revising the estimated profit, concluded that AKS earnings for the coming quarter and year are more optimistic than previously thought.
AK Steel Holding Corp continues to be one of the largest employers in Butler County and the driving force behind the local supplier network. The company headquarters in West Chester Twp employs 500 people. AK Steel's steel operations in Ohio, Kentucky, Indiana, Pennsylvania and Minnesota employ more than 6,000 people.
AK Steel has seen "monumental shifts" in its operations over the past decade, including record highs and lows following a deep economic downturn, as James Wainscott, the company's chairman, president and chief executive officer, recently told Journal-News. Wainscott celebrated its 10th year as CEO of a steel mill in 2013, founded in Middleton over 100 years ago.
AK Steel has experienced a significant upswing this year. This recovery followed the Great American Recession and a severe global recession. The company's shares have gained 5 cents per share over the past 30 days. Thus, investors can definitely look forward to making a profit in the near future.
