AK Steel Sees String of Market, Operational Setbacks in First-Quarter 2014, Holds Off on Opening New Mines

SUGAR LAND--April 24, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--AK Steel (NYSE:AKS) (West Chester, Ohio), a producer of steel products for a wide variety of markets, reported steep losses for the first quarter of 2014, as a drop in shipments, two major outages (one of which was unplanned), and weather-related setbacks took a toll on the company's bottom line. Industrial Info is tracking $110 million in projects involving AK Steel.