26
Jul
17:58
Flat-rolled drags down ATI profits
Specialty steel and metals producer Allegheny Technologies Inc’s (ATI) bottom line continues to be threatened by relatively weak performance in its flat-rolled segment, Kallanish learns from the company’s second quarter earnings review.
Despite a strong showing from the company’s aerospace business division, the company as a whole posted a net loss of $19 million on sales of $811m.
The company’s flat-rolled division posted an operating…
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Anonymous
Very good overview of the weekly steel market.
Anonymous