Copying and distributing are prohibited without permission of the publisher

(AMM) ATI shutters melt shop in consolidation move

September 01, 2010 - 22:44 GMT Location: PITTSBURGH

KEYWORDS: ATI , Allegheny Technologies , melt shop , Brackenridge Natrona , silicon steel

Allegheny Technologies Inc. (ATI) has shut down a melt shop within its Allegheny Ludlum operations as part of the upgrade and consolidation of its Western Pennsylvania facilities.

Allegheny Ludlum had been melting silicon steel, used to produce ATI's grain-oriented electrical steel, at its Natrona, Pa., plant northeast of Pittsburgh. It has consolidated that activity into its Brackenridge, Pa., plant, located just down the street. The Brackenridge plant recently underwent a major upgrade.

A company representative said the move will not impact customers and is a positive step.

"We are not limited by melting," Dan Greenfield, Allegheny's director of investor relations and corporate communications, said. "This is a significantly upgraded melt shop in Brackenridge. The next step is the hot mill."

Greenfield added...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

  • Raising fees could imperil LME date structure: a broker writes

    The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb

Upcoming Events