02
Dec
15:51
Allegheny Technologies to exit stainless business
Legacy specialty metals and stainless producer Allegheny Technologies Inc will no longer be participating in the stainless steel business, Kallanish learns from a company release.
The process of exiting the stainless market will involve halting production at five facilities and consolidating finishing operations, ultimately leaving $445 million “...of very low-margin products” in favor of aerospace and defense products.
The process will be…
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Anonymous
Very good overview of the weekly steel market.
Anonymous