EXHIBIT 12.2

AK STEEL HOLDING CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES

(dollars in millions)

	2005		2004			2003			2002			2001
Combined fixed charges:
Capitalized interest credit		5.4		2.7			1.7			1.8			2.8
Interest factor in rent expense		2.3		2.4			2.4			2.4			2.4
Other interest and fixed charges		92.2		116.8			123.6			132.5			137.1
Total combined fixed charges	$	99.9	$	121.9		$	127.7		$	136.7		$	142.3
Earnings-pretax income (loss) with applicable adjustments	$	143.6	$	(62.2	)	$	(635.0	)	$	(723.1	)	$	(41.4	)
Ratio of earnings to fixed charges		1.4		NM	*		NM	*		NM	*		NM	*

* In 2004, 2003, 2002 and 2001, earnings were less than fixed charges by $184.1, $762.7, $859.8 and $183.7, respectively.