AK Steel slips to loss in Q4Christian Fernsby ▼ | February 20, 2020
AK Steel reported that its net loss for the fourth quarter of 2019 was $53.9 million compared to net income of $33.5 million in the fourth quarter of 2018.
AK Steel During the fourth quarter of 2019, the company took another major step
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Excluding items, adjusted net loss for the fourth quarter of 2019 was $35.1 million compared to adjusted net income of $48.0 million in the prior year
Net sales for the quarter decreased to $1.45 billion from $1.68 billion in the prior year. ■