NEW YORK, NY / ACCESSWIRE / March 29, 2017 / AK Steel is currently engaged in a publicity crisis, with the company facing sanctions from the Occupational Health and Safety Administration. OSHA expects a report on the findings of the ongoing investigations. United States Steel Corporation is expecting to turn its stock price fortunes, amid the tax reforms looming large. Here's a closer look at the numbers.
RDI Initiates Coverage:
AK Steel started trading at $7.11, and by midday, with the steel manufacturer's stock price on an inconsistent bullish upward surge. The problem however is not with the stock market but on the company's internal employee woes.
The company is currently facing sanctions form OSHA, the occupational health and safety watchdog. On March 22, OSH sent a letter to the company's Middletown plant to investigate cases of workplace hazards involving the welding unit of the plant. OSHA makes random inspections on factories and plants, to ensure all working conditions are...