The domestic steelmaker still has a long way to go on its balance sheet, so shareholders better hope the economy stays strong.
News & Analysis: AK Steel Holding
There was a lot going on for these steelmakers, as well as for U.S. Steel and AK Steel, and it all added up to investor relief and higher stock prices.
The steel market is pretty cool right now, but one supplier to the industry predicts it will heat up as the year progresses.
The end of steel tariffs is bad news for both companies -- but debt worries could be even worse.
No one ever promised the stock market would make sense.
AK Steel has made great strides during the current steel industry upturn, but that doesn't mean its work is finished.
AKS earnings call for the period ending March 31, 2019.
U.S. steel has benefited from government tariffs, and there could be big trouble if the tariffs end -- but it's bigger than just steel prices.
What's bad for one steelmaker could be bad for others.
Broader economic pessimism was behind the huge hit steel stocks took in December, but last month, impressive earnings results drove a rebound.