RTI sees possible price pressure ahead

Aug 01, 2013 | 06:16 PM | Frank Haflich

Tags  RTI, Dawne Hickton, Precision Castparts, titanium metals Corp., sponge, Frank Haflich

LOS ANGELES — RTI International Metals Inc. is looking toward further improvement in raw material costs but also sees possible pressure on its own future pricing due to consolidation in the titanium supply chain.

Vice chairwoman, president and chief executive officer Dawne S. Hickton said this past week that it was too early to forecast the company’s 2014 raw material costs, since negotiations for next year’s titanium sponge will stretch into the fourth quarter and the results won’t be disclosed until early next year. ....

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