West Chester, OH, January 24, 2012-AK Steel (NYSE: AKS) announced today that its board of directors has declared a quarterly cash dividend of $0.05 per share of common stock, payable on March 9, 2012 to shareholders of record on February 10, 2012.
AK Steel
AK Steel produces flat-rolled carbon, stainless and
electrical steels, primarily for automotive, infrastructure
and manufacturing, construction and electrical power
generation and distribution markets.The company employs about
6,200 men and women in Middletown, Mansfield, Coshocton and
Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky;
Rockport, Indiana; and its corporate headquarters in West
Chester, Ohio.Additional information about AK Steel is
available on the company's web site at .
AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs
about 300 men and women in plants in Walbridge, Ohio and
Columbus, Indiana.AK Tube produces carbon and stainless
electric resistance welded (ERW) tubular steel products for
truck, automotive and other markets.Additional information
about AK Tube LLC is available on its web site at .
AK Coal Resources, Inc., another wholly-owned subsidiary of
AK Steel, owns or leases metallurgical coal reserves in
Somerset County, PA.AK Steel also owns 49.9% of Magnetation
LLC, a joint venture headquartered in Grand Rapids, MN, which
produces iron ore concentrate from previously mined ore
reserves.
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