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Last $12.42 USD
Change Today -0.18 / -1.43%
Volume 1.1M
ATI On Other Exchanges
New York
As of 5:15 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1000 Six PPG Place

Pittsburgh, PA 15222

United States

Phone: 412-394-2800


Allegheny Technologies Incorporated operates as a specialty materials and components producer worldwide. Segments The company operates in two segments, High Performance Materials & Components and Flat Rolled Products. High Performance Materials & Components This segment produces, converts, and distributes a range of high performance materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys; zirconium and related alloys, including hafnium and niobium; advanced powder alloys; and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings and castings, components and machined parts. These products are designed for the high performance requirements of such major end markets as aerospace and defense (engines and airframes), oil and gas/chemical process industry, electrical energy, and medical. The company is integrated from raw materials (titanium sponge) to melt, remelt, finish processing, forging, investment casting, and machining in its titanium and titanium alloys, and zirconium and hafnium alloy products. Majority of the products in this segment are sold directly to end-use customers, and a portion of this segment’s products are sold under multi-year agreements. The business units in this segment include ATI Specialty Materials, ATI Specialty Alloys and Components, ATI Forged Products, ATI Cast Products, and ATI Flowform Products. Large aircraft and aircraft engines are manufactured by various companies, such as The Boeing Company, Airbus S.A.S. (an Airbus Group company), Bombardier Aerospace (a division of Bombardier Inc.), and Embraer (Empresa Brasileira de Aeronáutica S.A.) for airframes; and GE Aviation (a division of General Electric Company), Rolls-Royce plc, Pratt & Whitney (a division of United Technologies Corporation), Snecma (SAFRAN Group), and various joint ventures that manufacture jet engines. These companies and their suppliers form a part of the company’s customer base in this segment. Flat Rolled Products This segment produces, converts, and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys, in various product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products, as well as grain-oriented electrical steel. The major end markets for the company’s flat rolled products are oil and gas/chemical process industry, electrical energy, automotive, food processing equipment and appliances, construction and mining, electronics, communication equipment and computers, and aerospace and defense. The operations in this segment are ATI Flat Rolled Products and the Chinese joint venture company known as Shanghai STAL Precision Stainless Steel Company Limited, in which the company holds a 60% interest. Segment results also include the company’s 50% interest in the industrial titanium joint venture known as Uniti LLC. Stainless steel, nickel-based alloys and titanium sheet products are used in various industrial and consumer applications. In 2014, approximately 50% by volume of the company’s stainless sheet products were sold to independent service centers, which have slitting, cutting or other processing facilities, with the remainder sold directly to end-use customers. Engineered strip and very thin Precision Rolled Strip products are used by customers to fabricate various products primarily in the automotive, construction, and electronics markets. In 2014, approximately 95% by volume of the company’s engineered strip and Precision Rolled Strip products were sold directly to end-use customers or through its own distribution network, with the remainder sold to independent service centers. Stainless steel, nickel-based alloy and titanium plate products are primarily used in industrial markets. In 2014, approximately 60% by volume of the company’s plate products were sold to independent service centers, with the remainder sold directly to end-use customers. Grain-oriented electrical steel is used in power transformers where electrical conductivity and magnetic


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