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Company Profile - AK Steel Holding Corporation

703 Curtis St.
Middletown, OH 45043

Phone: 513-425-5000
Fax: 513-425-2676
Website: www.aksteel.com
Ticker Symbol: AKS

Key Facts

In February 2003, AK Steel was recognized by a federal court as the lead bidder with its offer to acquire substantially all the assets of National Steel, which is bankrupt, for more than $1 billion. The deal is contingent on regulatory approval and negotiations with the United Steelworkers of America.
Operates steelworks in Kentucky, Pennsylvania, Indiana, and Ohio.
Key Financial Facts
2002 revenue: $4,289 million
1-yr. growth rate: 7 percent

Personnel Highlights
Number of employees: 11,300
1-yr. growth rate: -2 percent

Company Overview
AK Steel produces steel for the automotive, appliance, construction, and manufacturing markets. In 1999, it merged with Armco, the nation's largest manufacturer of specialty steels, and in November 2000, it acquired Combined Metal Holdings, Inc. The merger and the acquisition expanded AK Steel’s product offerings, which now include flat-rolled carbon, stainless- and electrical-steel products, as well as standard pipe- and tubular-steel products.

AK Steel operates steelworks in Ashland, Kentucky; Butler, Pennsylvania; Rockport, Indiana; and Coshocton, Mansfield, Middletown, and Zanesville, Ohio. It is currently making a bid to acquire National Steel, a bankrupt competitor.

Major Line of Business :Heavy Manufacturing

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