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AK Steel Reports Its Earnings For Q2 2014

2014-09-21 09:38:32| Steel - Topix.net

Excluding the unrealized mark-to-market loss on commodity derivatives discussed below, the company reported adjusted net income of $2.9 million, or $0.02 per diluted share. The company reported adjusted EBITDA of $64.5 million, or $46 per ton, for the second quarter of 2014 compared to adjusted EBITDA of $47.5 million, or $36 per ton, for the year-ago second quarter and an adjusted EBITDA loss of $2.8 million, or $2 per ton, for the first quarter of 2014.

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