ATI Announces Second Quarter 2018 Results
(a) Includes $(135) million contribution to the U.S. defined benefit
pension plan in 2017.
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Allegheny Technologies Incorporated and Subsidiaries
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Selected Financial Data
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(Unaudited)
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Three Months Ended
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Six Months Ended
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June 30
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March 31
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June 30
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June 30
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June 30
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2018
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2018
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2017
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2018
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2017
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Percentage of Total ATI Sales
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High-Value Products
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Nickel-based alloys and specialty alloys
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30
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%
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29
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%
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27
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%
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30
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%
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26
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%
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Precision forgings, castings and components
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20
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%
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21
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%
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19
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%
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20
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%
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18
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%
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Titanium and titanium-based alloys
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16
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%
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16
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%
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16
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%
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16
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%
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17
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%
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Precision and engineered strip
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13
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%
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13
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%
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13
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%
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13
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%
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14
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%
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Zirconium and related alloys
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5
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%
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5
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%
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7
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%
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5
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%
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7
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%
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Total High-Value Products
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84
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%
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84
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%
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82
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%
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84
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%
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82
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%
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Standard Products
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Stainless steel sheet
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9
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%
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9
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%
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9
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%
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9
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%
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9
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%
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Specialty stainless sheet
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4
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%
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4
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%
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5
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%
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4
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%
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5
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%
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Stainless steel plate and other
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3
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%
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3
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%
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4
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%
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3
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%
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4
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%
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Total Standard Products
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16
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%
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16
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%
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18
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%
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16
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%
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18
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%
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Grand Total
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100
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%
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100
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%
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100
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%
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100
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%
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100
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%
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Three Months Ended
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Six Months Ended
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June 30
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March 31
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June 30
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June 30
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June 30
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Shipment Volume:
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2018
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2018
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2017
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2018
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2017
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Flat Rolled Products (000's lbs.)
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High value
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84,564
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84,042
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74,089
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168,607
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149,422
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Standard
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105,006
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109,249
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114,677
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214,255
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229,662
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Flat Rolled Products total
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189,570
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193,291
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188,766
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382,862
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379,084
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Average Selling Prices:
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Flat Rolled Products (per lb.)
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High value
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$
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3.13
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$
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3.30
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$
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2.84
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3.21
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$
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2.81
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Standard
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$
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1.42
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$
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1.26
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$
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1.23
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1.34
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$
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1.24
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Flat Rolled Products combined average
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$
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2.19
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$
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2.15
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$
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1.86
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2.17
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$
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1.86
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