Public | |
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 | Steel products |
Revenue | US$6.692 billion (2015) |
US$86.5 million (2015) | |
US$-510.7 million (2015) | |
Total assets | US$4.084 billion (2015) |
Total equity | US$-599.7 million (2015) |
Number of employees
|
8,000 (2015). |
Subsidiaries | AK Tube, AK Coal |
Website | www.aksteel.com |
AK Steel Holding Corporation is an American steel company headquartered in West Chester, Ohio. In 2015, the company produced and shipped over 7 million tons of steel. 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 executed an initial public offering in 1994.
The company has 7,900 employees and 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.
AK Steel's main products are carbon, stainless and electrical steels, cold rolled and aluminium coated stainless steel for automakers.
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 UK.
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.).