Manifold / Maniverter
- 15 Cr-Cb®
- 18 Cr-Cb™
- Type 439
- AK Steel 436L
- THERMAK® 17
- Type 444
Grades designed for demanding hot-end applications.
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AK Steel Releases 2017 Sustainability Report
This new report highlights our company’s ongoing and expanding focus to operate in a sustainable manner for the benefit of our customers, investors, employees, environment and the communities in which we live and work.
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Associate Product Engineer
"Through my work in the Quality Department, I am able to continually improve our products, processes and services to keep our customers satisfied."
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Associate Engineer, Process Research
"Working at AK Steel provides the opportunity for me to work closely with others in our company who are tops in their field, passionate about their work and driven to success."
Jon M.
Sr. Process Control Engineer
"When I share with people the ways we are driving innovation through new technology at AK Steel, they are often surprised and excited about the future of manufacturing."
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Latest News and Events
January 28, 2019
AK Steel Announces Fourth Quarter and Full-Year 2018 Financial Results; Provides 2019 Outlook
AK Steel (NYSE: AKS) today reported its financial results for the fourth quarter and full-year 2018.
Fourth Quarter 2018 Highlights
• Fourth quarter 2018 net income of $33.5 million, or $0.11 per diluted share; adjusted net income of $48.0 million, or $0.16 per diluted share, compared to a loss in prior year fourth quarter
• Fourth quarter 2018 adjusted EBITDA of $135.5 million, a 101% increase from the fourth quarter of 2017
• Fourth quarter 2018 sales of $1,677.1 million, a 12% increase from the fourth quarter of 2017
• Plans to close the largely-idled Ashland Works, where 230 people currently work, by the end of 2019 to increase utilization at its other U.S. operations; will offer employees open jobs at other facilities; expects more than $40 million in annual cost savings when complete
“We made good progress in 2018, generating our highest net income and adjusted EBITDA in a decade and further strengthening our balance sheet. Additionally, during the course of the year we expanded our portfolio of steel solutions, as our advanced steel operations accelerated collaboration with our downstream stamping, tooling and tubing businesses at Precision Partners and AK Tube,” said Roger K. Newport, Chief Executive Officer of AK Steel. “ December 17, 2018 AK Steel Announces Fourth Quarter and Full-Year 2018 Financial Release Date AK Steel said today that it plans to release its fourth quarter and full-year 2018 financial results following the close of trading on the New York Stock Exchange on Monday, January 28, 2019. AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 8:30 a.m. Eastern Time on Tuesday, January 29, 2019. Access to the webcast will be available from the home page of the company’s website at www.aksteel.com. Presentation slides will also be available on the webcast link and under the Investor Presentations section on the website. The webcast will be archived on the company’s website following the call for three months and will be accessible from the Investor News and Events section. October 11, 2018 AK Steel Receives New $1.2 Million Award from U.S. Department of Energy to Explore the Development of New Steels AK Steel announced today that it has accepted an award of up to $1.2 million from U.S. Department of Energy (DOE) under the Office of Energy Efficiency and Renewable Energy’s (EERE) Advanced Manufacturing Office program to investigate novel low density steels in the laboratory, which could ultimately be used in automotive structural applications.
The three-year project will be conducted in collaboration with DOE, Oak Ridge National Laboratory Materials Science and Technology Division, and the Advanced Steel Processing and Products Research Center in the Department of Metallurgical & Materials Engineering at the Colorado School of Mines.
Fourth Quarter 2018 Highlights
• Fourth quarter 2018 net income of $33.5 million, or $0.11 per diluted share; adjusted net income of $48.0 million, or $0.16 per diluted share, compared to a loss in prior year fourth quarter
• Fourth quarter 2018 adjusted EBITDA of $135.5 million, a 101% increase from the fourth quarter of 2017
• Fourth quarter 2018 sales of $1,677.1 million, a 12% increase from the fourth quarter of 2017
• Plans to close the largely-idled Ashland Works, where 230 people currently work, by the end of 2019 to increase utilization at its other U.S. operations; will offer employees open jobs at other facilities; expects more than $40 million in annual cost savings when complete
“We made good progress in 2018, generating our highest net income and adjusted EBITDA in a decade and further strengthening our balance sheet. Additionally, during the course of the year we expanded our portfolio of steel solutions, as our advanced steel operations accelerated collaboration with our downstream stamping, tooling and tubing businesses at Precision Partners and AK Tube,” said Roger K. Newport, Chief Executive Officer of AK Steel. “ December 17, 2018 AK Steel Announces Fourth Quarter and Full-Year 2018 Financial Release Date AK Steel said today that it plans to release its fourth quarter and full-year 2018 financial results following the close of trading on the New York Stock Exchange on Monday, January 28, 2019. AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 8:30 a.m. Eastern Time on Tuesday, January 29, 2019. Access to the webcast will be available from the home page of the company’s website at www.aksteel.com. Presentation slides will also be available on the webcast link and under the Investor Presentations section on the website. The webcast will be archived on the company’s website following the call for three months and will be accessible from the Investor News and Events section. October 11, 2018 AK Steel Receives New $1.2 Million Award from U.S. Department of Energy to Explore the Development of New Steels AK Steel announced today that it has accepted an award of up to $1.2 million from U.S. Department of Energy (DOE) under the Office of Energy Efficiency and Renewable Energy’s (EERE) Advanced Manufacturing Office program to investigate novel low density steels in the laboratory, which could ultimately be used in automotive structural applications.
The three-year project will be conducted in collaboration with DOE, Oak Ridge National Laboratory Materials Science and Technology Division, and the Advanced Steel Processing and Products Research Center in the Department of Metallurgical & Materials Engineering at the Colorado School of Mines.
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