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AK Steel Holding Corporation (NYSE: AKS ) has entered into a definitive merger agreement with Cleveland-Cliffs Inc (NYSE: CLF ), in which the latter will acquire all the shares of the steelmaker.
AK Steel Holdings Corporation was an American steelmaking company headquartered in West Chester Township, Ohio. The company, whose name was derived from the initials of Armco, its predecessor company, and Kawasaki Steel Corporation , was acquired by Cleveland-Cliffs in 2020.
Jul. 23—Cleveland-Cliffs Inc., formerly AK Steel, reported a record second quarter for the period ending June 30. The company, which acquired Middletown-based AK Steel for $1.1 billon in 2020 ...
Is AK Steel Holding Corporation (NYSE:AKS) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of ...
Lighter Side. Medicare. new
Cleveland Cliffs acquired AK Steel in 2019 right before steel prices began to spike and within a year, it acquired ArcelorMittal USA in 2020 for $1.4 billion. U.S. Steel bought Big River Steel the ...
Margins matter. The more AK Steel Holding (NYS: AKS) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
AK Steel Holding (NYS: AKS) is expected to report Q4 earnings on Jan. 29. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter ...