AK STEEL PROCEEDS WITH PRODUCT TRANSITION FROM ASHLAND COATING LINE

摘要

USA’s AK Steel is “well on track to transition products from Ashland coating line to our other facilities with excess capacity”, according to the speech of Roger Newport, AK Steel CEO during conference call on Q1 2019 results. Earlier this year, the company revealed its plans to close Ashland Works in Kentucky by end-2019 in order “to enhance our competitive cost position, while simultaneously reducing our exposure to certain commoditized products that do not generate sufficient financial returns through the cycle”, says the company’s representative.