at Zacks.com (Wed, 9:00AM)
Steel stocks are up again a day after AK Steel's surprising move to raise prices on flat-rolled steel products just 10 days after an earlier increase: AKS +3.2%, X +1.2%, NUE +1.1%. But Axiom analyst Gordon Johnson senses an act of desperation, and notes AKS shares have dropped ~8% on average when it has announced two or more price hikes in the same month.
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