Haynes falls into the red in ‘challenging’ climate

Feb 07, 2014 | 03:51 PM | Rey Mashayekhi

Tags  Haynes International, Mark Comerford, Daniel Maudlin, nickel, specialty steel, alloy, earnings, aerospace turbine

NEW YORK — Haynes International Inc. blamed a "challenging" business environment for reduced shipments and lower average selling prices that resulted in a net loss in its fiscal first quarter.

Haynes president and chief executive officer Mark Comerford noted in the specialty alloy producer’s earnings report that business had suffered due to difficult economic conditions across the company’s key end markets, particularly the aerospace and land-based gas turbine industries.....

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