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AK Steel (AKS) Gets Slaughtered
Wednesday, April 21, 2010 - 12:02am | 133AK Steel (AKS) shares took a big hit today after the steel company warned that iron ore prices could impact second quarter earnings. According to Credit Suisse iron ore prices could rise anywhere from 30 to 56%. AK Steel shares dropped over 7% to end the day under $20. AK Steel "warned it cannot...