27
Jul
18:32
ATI keeps stainless exposure low
Allegheny Technologies Inc (ATI) has pared down its exposure to volatility in commodity stainless prices, though it still expects a net benefit from rising nickel prices.
On a conference call with analysts, ceo Rich Harshman says that the company is targeting about 100,000 short tons/year of commodity – and primarily nickel-bearing austenitic – stainless sheet. That’s roughly a third of the company’s historical stainless production, Kalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous