ATI CEO Comments on Antidumping and Countervailing Duty Petitions Filed Against Seven Foreign Countries That Produce Grain

  ATI CEO Comments on Antidumping and Countervailing Duty Petitions Filed
  Against Seven Foreign Countries That Produce Grain-Oriented Electrical Steel

Business Wire

PITTSBURGH -- September 18, 2013

Allegheny Technologies Incorporated (NYSE:ATI) joined together with AK Steel
Holding Corporation and the United Steelworkers to file antidumping and
countervailing duty petitions today charging that unfairly traded imports of
grain-oriented electrical steel (GOES) from seven countries are causing
material injury to the domestic industry. The petitions were filed
concurrently with the United States Department of Commerce and the United
States International Trade Commission. For details see: www.ssina.com/news.

“We have evidence that imports from the seven countries are being sold in the
U.S. at unfairly low prices and benefitting from government subsidies
resulting in declines in production and employment in the domestic industry,”
said Rich Harshman, ATI Chairman, President and Chief Executive Officer. “We
believe in free and fair trade. Our industry must take action against
countries that sell their products here at unfairly low prices that
significantly undercut domestic market prices, thus injuring our domestic
businesses and reducing jobs.

“The U.S. needs a healthy domestic GOES industry. Our products are used to
make high-efficiency power transformers used to maintain and improve the
reliability and efficiency of the domestic electrical power grid.”

This news release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are based on management's current expectations and include known
and unknown risks, uncertainties and other factors, many of which we are
unable to predict or control, that may cause our actual results, performance
or achievements to materially differ from those expressed or implied in the
forward-looking statements. Additional information concerning factors that
could cause actual results to differ materially from those projected in the
forward-looking statements is contained in our filings with the Securities and
Exchange Commission. We assume no duty to update our forward-looking
statements.

Building the World’s Best Specialty Materials Company™

Allegheny Technologies Incorporated is one of the largest and most diversified
specialty metals producers in the world with revenues of approximately $4.6
billion for the twelve months ending June 30, 2013. ATI has approximately
10,900 full-time employees world-wide who use innovative technologies to offer
global markets a wide range of specialty metals solutions. Our major markets
are aerospace and defense, oil and gas/chemical process industry, electrical
energy, medical, automotive, food equipment and appliance, construction and
mining, and machine and cutting tools. Our products include titanium and
titanium alloys, nickel-based alloys and superalloys, engineered forgings and
castings, zirconium, hafnium, and niobium alloys, grain-oriented electrical
steel, stainless and specialty steels, and tungsten materials. The ATI website
is www.ATImetals.com.

Contact:

Allegheny Technologies Incorporated
Dan L. Greenfield, 412-394-3004
 
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