Headquartered in West Chester, Ohio (Greater Cincinnati), AK Steel is a world leader in the production of flat-rolled carbon, stainless and electrical steel products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company operates seven steel plants and two tube manufacturing plants across five states: Indiana, Kentucky, Michigan, Ohio and Pennsylvania.
James L. Wainscott is AK Steel’s Chairman, President and Chief Executive Officer. He was named AK Steel President and CEO in October of 2003 and Chairman of the Board in January of 2006.
AK Steel is a publicly held company traded over the New York Stock Exchange under the symbol AKS and is a component of the FORTUNE 500 – aligning the company with many of the most prominent corporations in America.
AK Steel employs about 7,900 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; Dearborn, Michigan and its corporate headquarters. AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs about 300 men and women at plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and stainless electric resistance welded (ERW) tubularsteel products for truck, automotive and other markets. AK Coal Resources, Inc., another wholly-owned subsidiary of AK Steel, controls and is developing metallurgical coal reserves in Somerset County, Pennsylvania. AK Steel also owns 49.9% of Magnetation LLC, a joint venture headquartered in Grand Rapids, Minnesota, which produces iron ore concentrate from previously mined ore reserves.
AK Steel's 2013 revenues reached approximately $5.6 billion. The company was named "Steel Producer of the Year" by American Metal Market in 2010 and is recognized by Toyota for quality performance and supplier diversity achievement.
AK Steel’s heritage spans more than 100 years, beginning in 1899 when the company’s predecessor, Armco, was incorporated in Middletown, Ohio. Over the past century, the company has provided jobs to hundreds of thousands of people, given back to its communities and provided pensions and benefits to generations of retirees.
AK Steel’s proud past represents much more than a century of steelmaking at the company. It demonstrates the corporation’s ability to operate a sustainable business and adapt to more than 100 years of technological, regulatory and economic changes. That is AK Steel’s legacy, which the company will continue to build upon as it moves ahead toward a bright future.