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03 Feb
18:42

ATI schedules stainless departure for mid-year

US specialty steelmaker Allegheny Technologies Inc says it is seeing tangible results from its decision to exit the commodity stainless business. That exit, originally anticipated for last year, is on-going but is expected to be complete by mid-year. “Standard stainless inventory continues to dwindle. We intend to deliver the remaining amount over the next several months. And to be clear, we're no longer melting or producing new standard stainless sheet …
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