Titanium to get boost from industrial mart: ATI
Oct 29, 2012 | 08:41 AM
| Frank Haflich
LOS ANGELES Allegheny Technologies Inc. (ATI) remains optimistic for a possible recovery in one important titanium sectorthe industrial marketdespite a disappointing third quarter for the metal.
ATI this past week disclosed that its Uniti LLC joint venture with Russias VSMPO-Avisma Corp. received the first phase of "an order related to a major desalination project." The Pittsburgh-based specialty metals producer expects that shipments for this phase, as well as "anticipated additional volume," will take place primarily next year, according to Richard Harshman, ATIs chairman, president and chief executive officer.....
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