ATI shifts zirconium strategy as nuclear industry struggles
Apr 29, 2013 | 11:38 AM
| Frank Haflich
LOS ANGELES The global zirconium market, battered by the fallout of Japans 2011 nuclear disaster, should hit bottom this year, with initial signs of recovery emerging in 2014, according to Allegheny Technologies Inc.s (ATIs) top executive.
The market continues to feel the impact of the earthquake and tsunami that destroyed the Fukushima Daiichi nuclear plant in March 2011, with only two of that countrys 50 nuclear energy plants currently in operation, chairman, president and chief executive officer Richard Harshman said during a quarterly earnings call. According to most reports, this has left Japan with a large nuclear fuel overhang that has only recently begun to diminish.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.