January 26, 2010 (FinancialWire) — AK Steel (NYSE: AKS) said that its board of directors has authorized the company to make a $75 million contribution to its pension trust fund. The contribution will be made during the first quarter and will meet a significant portion of the company’s 2010 funding requirements.

This contribution will bring AK Steel’s total pension contributions since 2005 to more than $1.1 billion.

Ohio-based AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. The company employs about 6,200 men and women.

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