Industrial titanium demand recovering: ATI
Jan 28, 2013 | 04:25 PM
| Frank Haflich
Tags
Allegheny Technologies,
ATI,
titanium,
Richard Harshman,
Yanbu 3,
Doosan,
Uniti,
Frank Haflich
LOS ANGELES — Orders from large desalination and power plants have contributed to the start of a recovery for Allegheny Technologies Inc.’s non-aerospace industrial titanium business this year, according to ATI’s chairman, president and chief executive officer Richard Harshman.
“We are beginning to rebuild our backlog of high-value products for large global infrastructure projects,” Harshman told securities analysts.
Uniti LLC, a joint venture of Pittsburgh-based ATI with VSMPO-Avisma Corp. of Russia, recently received the balance of an order for commercially pure titanium strip that it will supply for the Yanbu Phase 3 seawater desalination project in Saudi Arabia, Harshman 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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here