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Actionable news in AKS: AK STEEL HOLDING Corp,

AK Steel's Rebound Is Sustainable

Summary

AK Steel faced heavy bearish selling in early May.

There are good end-markets for this company, such as automotive.

There is no major debt due until 2018.

Risk: The promise from entering new markets does not guarantee growth.

Originally published on June 5 in the premium marketplace, AK Steel (NYSE:AKS) traded at around $4.50. It continues to move higher. Why? Looked at simply, investing in steel makes as much sense as investing in coal. The world is replacing coal with natural gas while demand for energy is falling overall. The problem...


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