US CREDIT-AK Steel could have a few more good quarters

Newswire

By Dan Wilchins NEW YORK, Jan 25 (Reuters) - A rising tide is lifting AK Steel's ship, and some analysts think the tide could stay high for at least a few more quarters. Steel prices have shot higher over the last year, as demand from China has helped lift commodity prices globally. Steel is cyclical, and eventually prices will likely fall as demand declines, global supply rises, or both. But analysts think that declines won't happen any sooner than the latter half of the year. In ...

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