
AK Steel Spikes on Earnings Beat, Outlook
WEST CHESTER, Ohio (TheStreet) -- AK Steel shares jumped more than 5% Tuesday after the company posted a surprise profit and indicated that the second quarter would show strong results as well. AK Steel had struggled with high raw materials costs amid the global boom in commodities prices. Still, a spate of price hikes by the industry since last fall has allowed AK Steel and others to catch up ...
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