AK Steel pumps $75m into pensions

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US - AK Steel is to make a US$75m early contribution to its pension trust fund, bringing the total early contributions up to US$360m over the last two years.

The contribution will be made during the 2006 fourth quarter. “AK Steel’s board of directors remains committed to funding our pension legacy obligation for the 32,000 retirees, and their beneficia...

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