ATI eyeing 1st-qtr. net income of $10M

Apr 16, 2013 | 05:14 PM | Daniel Fitzgerald

Tags  Allegheny Technologies, ATI, net income, selling prices, Richard Harshman, stainless steel, specialty metals, ATI Allegheny Ludlum Daniel Fitzgerald

NEW YORK — Allegheny Technologies Inc. (ATI) expects first-quarter net income of some $10 million on sales of $1.18 billion as "record-low" prices have crimped its results, the company said in an April 16 forecast.

Richard Harshman, ATI’s chairman, president and chief executive officer, has said in January that the first quarter would be "challenging" (, Jan. 23).....

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