2/11/2005

AK Steel

Watching the current situation, I would think that AK Steel stock (AKS) will continue to do well up to and after Middletown Works' labor contract is to be re-negotiated next February. The company has positioned itself with it's Middletown Works union (AEIF) to make drastic cuts, especially with regards to retiree benefits. I would imagine things to hold up as long as the steel industry rmains strong, as it is expected to for the next 1-2 years.

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