It's really hard to get excited for a company that misses earnings estimates by as much as AK Steel (AKS) did this past quarter. Increasing costs for energy, raw materials, and unplanned operational shutdowns all piled on this past quarter, which led to an earnings-per-share loss of $0.63. If you were looking for some good news from AK Steel, though, there was one small element that could help bring it back to potential profitability: its production mix.
With the company now generating 89% of its revenue from value-added products such as stainless and electrical-grade steel, AK's revenue could be headed in the right direction. Find out why this is so important to its prospects by tuning in to the video below.
