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AK Steel’s Selling Prices Have Fallen Less than Its Peers’

A Comparative Analysis of the Steel Industry

(Continued from Prior Part)

Average selling prices

Steel prices are a key driver of steel companies’ earnings. Simply put, steel companies’ revenues are steel shipments multiplied by average steel selling prices.

We looked at different steel companies’ steel shipments earlier in this series. Now, we’ll look at their average steel selling prices. We’ll also explore why steel selling prices vary between steel companies.

Average steel prices vary

ArcelorMittal (MT) has the lowest average steel selling prices in our coverage list. The...