AK Steel Holding Corporation (AKS) ended last trading session with a change of 10.4 percent. It trades at an average volume of 16.24M shares versus 37.89M shares recorded at the end of last trading session. The share price of $8.28 is at a distance of 404.88 percent from its 52-week low and down 9.81 percent versus its peak. The company has a market cap of $2.45B and currently has 296.3M shares outstanding. The share price is currently 49.42 percent versus its SMA20, 66.87 percent versus its SMA50, and 84.27 percent versus its SMA200. The stock has a weekly performance of 40.82 percent and is 269.64 percent year-to-date as of the recent close.
On Nov 8, 2016 AK Steel Holding Corporation (AKS) said that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective immediately with new orders.
AK Steel is a leading producer of flat-rolled carbon, stainless and electrical steel products, and carbon and stainless tubular products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets.
United States Steel Corp. (X) recently recorded 8.05 percent change and currently at $27.78 is 357.81 percent away from its 52-week low and down 0.94 percent versus its peak. It has a past 5-day performance of 34.99 percent and trades at an average volume of 18.1M shares. The stock has a 1-month performance of 69.59 percent and is 252.82 percent year-to-date as of the recent close. There were about 171.76M shares outstanding which made its market cap $4.77B. The share price is currently 38.7 percent versus its SMA20, 48.56 percent versus its SMA50, and 62.04 percent versus its SMA200.
Nov. 11, 2016 — U. S. Steel Tubular Products, Inc., a subsidiary of United States Steel Corp. (X), announced that Harold G. Hamm, chairman and chief executive officer of Continental Resources, is the recipient of the 2016 Chief Roughneck Award. The announcement was made at the 87th annual meeting of the Independent Petroleum Association of America (IPAA).
S. Steel Senior Vice President -Tubular Business David Rintoul presented Mr. Hamm with the traditional Chief Roughneck bronze bust and hard hat when recognizing Hamm. “Harold is a tireless advocate for America’s energy independence,” said Rintoul. “He is a fighter, not only for our industry and his company, but also for the success of others. He personally devotes his time and resources to championing a healthy and secure future for all Americans. This steadfast commitment makes him a perfect choice for the 2016 Chief Roughneck Award.”