AK Steel’s 1Q18 Guidance: Analysts Were Annoyed
What Lies Ahead for AK Steel in 2018? In the previous part, we discussed AK Steel’s (AKS) 2018 guidance. During AK Steel’s 4Q17 call, Jaime Vasquez, AK Steel’s CFO, said, “We estimate that our first quarter flat-rolled steel shipments will be marginally higher compared to the fourth quarter of 2017.” AK Steel expects a 15% sequential increase in its automotive shipments.