AK steel is world
leader in stainless and electrical steel products and flat-rolled carbon. Major
industries with which AK steel deals with are infrastructure and manufacturing,
construction, automotive, power generation and distribution markets. AK steel has
seven plants and two tube manufacturing plants.
AK steel is a public
company and its shares are traded over New York stock Exchange. AK steel stock price increased by 0.59%
and AK steel stock price today is
$6.86. AK steel is a huge manufacturing firm very good future prospect. Alcoa stock is also following
the same path. It has the advantage to be the market leader and is now serving
most of the manufacturing industry related to steel. AK steel has all its
business dependent on the performance of other industries. It is expected that
automobile, construction and power generation are going to expand in future and
with this it is highly likely that AK steel will also show further improvement.
AK steel also does benefit from it economies of scale, with its large
production units and rich client base, it is going to be more and more stable
in future and investors will benefit from its growth.
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