AK Steel's Rockport Works, UAW Members Ratify Labor Deal

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AK Steel (NYSE: AKS) saidtoday that members of the United Auto Workers Local 3044 have ratified afour-year labor agreement covering about 195 hourly production employees atthe company's Rockport (IN) Works. "We are pleased to have reached a competitive labor agreement at our RockportWorks ahead of the expiration date," said James L. Wainscott, Chairman,President and CEO of AK Steel. "The new agreement will help Rockport Workscontinue to serve our valued customers with outstanding quality andproductivity."The current agreement expires on September 30, 2013. The new agreement takeseffect September 30, 2013 and expires on September 30, 2017.

27% profit every 20 days?

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