It's really hard to get excited for a company that misses earnings estimates by as much as AK Steel (NYSE: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.