New ATI facility will boost stainless profile: exec
Jan 24, 2013 | 12:44 PM
| Thorsten Schier
NEW YORK Allegheny Technologies Inc. (ATI) expects its new hot-rolling and processing facility in Brackenridge, Pa., which will boost its ability to make ferritic stainless steels as well as longer and wider coils, will be completed by the end of the year.
The new facility will allow the company "to more fully participate in market opportunities for the wider product, the larger coils, (and make) us more efficient in producing some of the ferritic grades, the 400-series grades that, quite frankly, we have a difficult time doing on our existing 60-plus-year-old hot mill," chairman, president and chief executive officer Richard Harshman said during the companys earnings conference call. ....
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