AK Steel (NYSE: AKS) said today that revised energy efficiency standards proposed by the U.S. Department of Energy ("DOE") on February 1, 2012 are not expected to significantly impact the overall competitiveness of the company's grain-oriented electrical steels ("GOES") used in the manufacture of electrical distribution transformers. In fact, AK Steel said that with respect to some types of distribution transformers the new standards have the potential for increasing the market for GOES.
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