NEW YORK ATI
Allegheny Ludlum Corp. is looking to expand its presence in the
60-inch-wide and 400-series stainless steel markets when the
company commissions its new hot-rolling and processing facility
The Brackenridge, Pa.,
facility, which is expected to be completed by year-end, with
commissioning in 2014, will help address gaps in the
companys product offering, ATI executive vice president
of flat-rolled products Terry Dunlap said this week at
AMMs 27th annual Stainless and its Alloys
Conference in Chicago.
"We are really the
last people standing in the stainless business that dont
make 60-wide (product), and its certainly a gap in our
product offering, so well have that," he said.
"Well have 60-wide (material) and a better mix of
400-series products, which are two big growth products in North
America over the last decade, and we havent been able to
serve them as well as wed like. But well be able to
do that starting in 2014."
suggestions that the company was also making a return to the
high-volume, commodity-grade stainless business with the new
"We never really left
the commodity (stainless) game, but we will be bigger in it,"
A reduction in lead
times to as low as 14 days is also a possibility when the plant
is operational, Dunlap said.
"We consider ourselves
to be extremely flexible and we have fairly short lead times
already, but that (14 days) is not a pipe dream. Thats
for stainless, though; youre not going to be able to get
a Type 625 nickel alloy in 14 days," he said.
wouldnt comment on ATIs merger and acquisition
plans, he acknowledged that the company was likely to be in a
"Clearly when you
spend $3.9 billion in less than a decade, youre clearly
in a mode of digesting and integrating all of those investments
with the rest of your company," he said. "As we come to the end
of this big investment curve, itll be about leveraging
everything that we put in place and getting a return on those