Stainless steel outlook unclear: ATI executive
Oct 25, 2012 | 12:03 PM
| Thorsten Schier
NEW YORK Forecasting in the stainless market is growing increasingly difficult, according to the top executive of Allegheny Technologies Inc. (ATI), citing a lack of visibility.
"When you look at some of the short-cycle business, lead times for stainless steel sheet and plate today are very, very short," ATI chairman, president and chief executive officer Richard Harshman said during the companys third-quarter earnings call, pegging lead times for commodity items at only about two weeks.....
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