AK Steel
 |
|
| Public company | |
| Traded as | : AKS S&P 600 Component |
| Industry | Steel |
| Founded | 1899 (as The American Rolling Mill Company - Armco) |
| Headquarters | West Chester Township, Butler County, Ohio, United States |
|
Area served
|
Worldwide |
|
Key people
|
Roger K. Newport (CEO) Kirk W. Reich (President and Chief Operating Officer) James L. Wainscott (Chairman). |
| Products | flat-rolled carbon steel, stainless steel, electrical steel, and tubular products |
|
Production output
|
6,051,000 tons |
| Revenue |
 US$5.882 billion (2016) |
 US$230 million (2016) |
|
|
-US$7.8 million (2016) |
|
| Total assets |
US$4.036 billion (2016) |
| Total equity |
US$90 million (2016) |
|
Number of employees
|
8,500 (2016) |
| Subsidiaries | AK Tube, AK Coal |
| Website | www.aksteel.com |
AK Steel Holding Corporation is a steel producer headquartered in West Chester Township, Butler County, Ohio. The company's name is derived from the initials of Armco, its predecessor company, and Kawasaki Steel Corporation, which contributed several of its production facilities to the company in 1989 in exchange for a large stake in the company.
The company has been criticized for its pollution and worker safety record.
The company operates 8 steel plants and 2 tube manufacturing plants. The steel plants are in Ashland, Kentucky, Butler, Pennsylvania, Coshocton, Ohio, Dearborn, Michigan, Mansfield, Ohio, Middletown, Ohio, Rockport, Indiana, and Zanesville, Ohio.
Of the company's 2016 sales, 66% was to the automotive industry, 16% was to infrastructure and manufacturing industry, and 18% was to distributors and converters.
One of Armco's best-known products may be the crash barriers installed at roadsides, in central reservations, and around many auto-racing tracks. These barriers are commonly called "Armco" or Armco barriers in the United Kingdom.
Another product is bent corrugated steel panels that can be bolted together to make culverts. These are known as "Armco culverts".
For many years Armco was well known for its line of pre-fabricated and pre-primed/pre-painted steel panel buildings, often found in railyards and as outbuildings and storage structures (sheds, Quonset huts, hangars, etc.).
The company was founded in 1899 as The American Rolling Mill Company in Middletown, Ohio, where it operated a production facility.
In 1901, it opened a second production facility, Ashland Works in Ashland, Kentucky.
In 1948, it adopted the ARMCO name and soon thereafter changed its name to Armco Steel Corporation.
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Wikipedia