ATI may restart plant if titanium supply slips
Dec 10, 2010 | 11:58 AM
| Anne Riley
Allegheny Technologies Inc. (ATI) expects its foreign supplies of standard titanium sponge to dry up after 2012, which could trigger a restart at its aerospace sponge plant in Albany, Ore.
ATI, which idled the 22-million-pound-per-year Albany plant in mid-2009, has been able to buy enough third party sponge to meet its requirements in the 18 months since the shutdown, ATI chairman and chief executive officer L. Patrick Hassey said in a hearing before the U.S. International Trade Commission (ITC).
"Currently, we are able to buy the grades we're looking for from outside suppliers," Hassey said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.