AK Steel Holding Corporation – $AKS – Confident Investor Rating: Poor

Company name AK Steel Holding Corporation
Stock ticker AKS
Live stock price [stckqut]AKS[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=aks

AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company). The Company’s operations consist primarily of nine steelmaking and finishing plants and tubular production facilities located in Indiana, Kentucky, Ohio and Pennsylvania. The Company’s operations produce flat-rolled value-added carbon steels, including coated, cold-rolled and hot-rolled carbon steel products, and specialty stainless and electrical steels that are sold in sheet and strip form, as well as carbon and stainless steel that is finished into welded steel tubing. In addition, the Company’s operations include European trading companies that buy and sell steel and steel products and other materials, AK Coal Resources, Inc.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in AK Steel Holding Corporation. It is not possible to confidently invest in a company that is not currently profitable.
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