AK Steel (NYSE:AKS) -2.1% premarket after saying it expects to generate a Q2 profit of $0.04-$0.06/share, vs. $0.11 consensus and a Q1 EPS loss of $0.11. AKS cites "uncertainty and volatility with respect to near-term economic conditions in the United States and in other markets served by the company, including a recent deterioration in spot market pricing."