AK Steel (AKS) -1.4% AH after lowering Q1 guidance to a loss of $0.11-$0.15/share vs. a $0.03...

|About: AK Steel Holding Corp (AKS)|By:, SA News Editor

AK Steel (AKS) -1.4% AH after lowering Q1 guidance to a loss of $0.11-$0.15/share vs. a $0.03 consensus gain, based in part of a LIFO credit that would be lower than Q4's LIFO credit. AKS expects shipments of ~1.3M tons in Q1, ~7% lower Q/Q, but sees average per-ton selling price for Q1 ~6% higher Q/Q.