Haynes sees volatile order pattern amid rising nickel prices

May 09, 2014 | 05:19 PM | Thorsten Schier

Tags  Haynes International, Mark Comerford, Daniel Maudlin, nickel prices, earnings, Thorsten Schier

NEW YORK — Haynes International Inc. has seen a see-saw order pattern following the recent nickel price run-up, with an initial boost in March followed by a dip in April, according to the company’s top executive.

"In March people were saying ‘holy smokes, we’ve got to beat the nickel,’" president and chief executive officer Mark Comerford said during an earnings conference call. More recently, however, "some customers pulled back on ordering as they felt the recent nickel increase was too much too fast."....

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