On Tuesday, Shares of AK Steel Holding Corporation (NYSE:AKS), included 10.71% and shut at $8.89 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $8.21 and $8.98. AK Steel ( NYSE : AKS ) said recently that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective right away with new orders.
AK Steel is a leading producer of flat-rolled carbon, stainless and electrical steel products, and carbon and stainless tubular products, mainly for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets.
Shares of Chesapeake Energy Corporation (NYSE:CHK), added 1.34% and shut at $6.44 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $6.23 and $6.48. The association’s commercial center capitalization is $6.12 Billion with the general uncommon loads of 887.39 million. Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in about 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent.