26
Oct
19:04
ATI to exit electrical steel business
US specialty steelmaker Allegheny Technologies Inc has formally exited the grain-oriented electrical steel business, Kallanish learns from the company’s third-quarter earnings review conference call.
Ceo Rich Harshman says the decision to permanently close the company’s Bagdad, Pennsylvania, mill – which specialized in grain-oriented electrical steel – was driven by outside competition.
“We have reduced our exposure to commodity …
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Anonymous
Very good overview of the weekly steel market.
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