Falling titanium, vanadium alloy prices hit AMG

Nov 08, 2013 | 06:28 PM | Daniel Fitzgerald

Tags  AMG Advanced Metallurgical Group, AMG Vanadium, AMG Processing, vanadium prices, vanadium sales, titanium alloy, Heinz Schimmelbusch, Daniel Fitzgerald

NEW YORK — AMG Advanced Metallurgical Group NV has cited "significant price declines in vanadium and titanium alloys" as a factor in declining third-quarter revenue for its AMG Processing division.

AMG Processing posted revenue of $138.1 million for the three months ended Sept. 30, down 6 percent from $146.9 million in the same period last year. ....

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