Treasury yields, which have been at the center of worries for stock investors, eased back from the four-year highs they set last week. Steel companies were gaining on reports of possible tariffs on imported steel. U.S. Steel rose 2.6 percent …
AK Steel has been facing headwinds since the end of the 2007-2009 recession, when a long steel industry downturn hit. The mill bled red ink each and every year between 2009 and 2016. It's possible that 2017 will be the year that changes …
That number at Nucor was roughly 1%, which helps explain why investors are less than pleased with AK Steel's stock. In fact, long-term debt was higher at the end of the fourth quarter than where it started the year. That's the wrong direction …