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UPDATE 1-AK Steel sinks to fourth-quarter loss

NEW YORK, Jan 27 (Reuters) - AK Steel Holding Corp

Net loss was $430.6 million, or $3.88 per share, compared with net income of $106.7 million, or 95 cents per share, in the same quarter of 2007, the West Chester, Ohio-based steelmaker said.

That figure included a $700 million non-cash charge related to the company's pension plans.

(Reporting by Matt Daily, editing by Dave Zimmerman)