Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Bishop Brian K

2. Date of Event Requiring Statement (MM/DD/YYYY) 3/21/2016

3. Issuer Name and Ticker or Trading Symbol

AK STEEL HOLDING CORP [AKS]

(Last) (First) (Middle)

9227 CENTRE POINTE DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
VP Carbon Steel Operations /

(Street)

WEST CHESTER, OH 45069

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	45061	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy)	10/16/2009	10/16/2018	Common Stock	375	$11.625	D
Employee Stock Option (Right to Buy)	1/21/2010	1/21/2019	Common Stock	2250	$9.21	D
Employee Stock Option (Right to Buy)	1/20/2011	1/20/2020	Common Stock	2750	$22.965	D
Employee Stock Option (Right to Buy)	1/19/2012	1/19/2021	Common Stock	2319	$14.57	D
Employee Stock Option (Right to Buy)	1/18/2013	1/18/2022	Common Stock	4100	$9.11	D
Employee Stock Option (Right to Buy)	1/23/2014	1/23/2023	Common Stock	4100	$4.59	D
Employee Stock Option (Right to Buy)	1/22/2015 ⁽¹⁾	1/22/2024	Common Stock	4100	$6.72	D
Employee Stock Option (Right to Buy)	1/21/2016 ⁽²⁾	1/21/2025	Common Stock	9900	$3.975	D
Employee Stock Option (Right to Buy)	7/22/2016 ⁽³⁾	7/22/2025	Common Stock	21170	$2.645	D
Employee Stock Option (Right to Buy)	1/20/2017 ⁽⁴⁾	1/20/2026	Common Stock	7300	$1.74	D
Performance Shares	12/31/2016 ⁽⁵⁾	12/31/2016	Common Stock	2400	⁽⁶⁾	D
Performance Shares	12/31/2017 ⁽⁷⁾	12/31/2017	Common Stock	5850	⁽⁸⁾	D
Performance Shares	12/31/2018 ⁽⁹⁾	12/31/2018	Common Stock	3400	⁽¹⁰⁾	D

Explanation of Responses:
( 1)	Options vest in three equal annual installments beginning one year after grant date.
( 2)	Options vest in three equal annual installments beginning one year after grant date.
( 3)	Options vest in three equal annual installments beginning one year after grant date.
( 4)	Options vest in three equal annual installments beginning one year after grant date.
( 5)	Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2014 to December 31, 2016 (the "Performance Period").
( 6)	This represents one half of the Performance Shares which were awarded on January 22, 2014 and are required to be reported at this time because they constitute derivative securities. The other half do not constitute derivative securities and therefore are not required to be reported at this time.
( 7)	Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2015 to December 31, 2017 (the "Performance Period").
( 8)	This represents one half of the Performance Shares which were awarded on January 21, 2015 and are required to be reported at this time because they constitute derivative securities. The other half do not constitute derivative securities and therefore are not required to be reported at this time.
( 9)	Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2016 to December 31, 2018 (the "Performance Period").
( 10)	This represents one half of the Performance Shares which were awarded on January 20, 2016 and are required to be reported at this time because they constitute derivative securities. The other half do not constitute derivative securities and therefore are not required to be reported at this time.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Bishop Brian K 9227 CENTRE POINTE DRIVE WEST CHESTER, OH 45069			VP Carbon Steel Operations

Signatures
/s/ Joseph C. Alter, attorney-in-fact for Mr. Bishop		3/30/2016
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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