ATI discussing tolling deals with carbon steel producers
Jul 22, 2014 | 05:08 PM
| Rey Mashayekhi
NEW YORK Allegheny Technologies Inc. (ATI) is in discussions with carbon steel producers regarding tolling agreements at its $1.2-billion hot-rolling and processing facility in Brackenridge, Pa., according to its top executive.
The company has already begun "running (carbon steel) product" at the facility and has included "a variety of carbon steel products from more than one carbon steel producer" in the commissioning schedule, ATI chairman, president and chief executive officer Richard J. Harshman said during the companys second-quarter earnings call July 22, although the "No. 1 prioritization" at the facility is the companys own product offerings. ....
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