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2. AK Steel Holding
AK Steel Holding
Fortune 500 rank: 351
2007 revenue: $7 billion
2007 total shareholder return: 173.6%

The third-biggest U.S. steel producer rode higher steel prices and increased demand for its high-end electrical products to a record $7 billion in sales. Shares really took off in March, when the company settled a yearlong strike at its main factory in Ohio. In October the company set up a benefits trust for retirees that it expects to reduce costs by $1 billion.

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Last updated April 24 2008: 10:54 AM ET
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