ATI Will Close Midland Due to Costly Tariffs

Allegheny Technologies will idle its operations at Midland, Pa., by the end of June 2020 due to the Section 232 tariffs. A&T Stainless imports semi-finished stainless steel slab products from Indonesia to produce 60-inch wide Direct Roll Anneal and Pickle (DRAP) stainless sheet products. The imported steel slabs are subject to 25 percent tariffs under Section 232 that have cost the company over $37 million since March 2018.

ATI holds a 50 percent share of A&T Stainless with joint venture partner Tsingshan Group. Last year ATI reported a $19.3 million loss for its share of the company.