UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 3, 2006
Allegheny Technologies Incorporated
(Exact name of registrant as specified in its charter)
| | | | | |
| Delaware | | 1-12001 | | 25-1792394 |
| |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
| | | |
| 1000 Six PPG Place, Pittsburgh, Pennsylvania | | 15222-5479 |
| |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code (412) 394-2800
N/A
(Former name or former address, if changed since last report).
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
The Company now classifies grain-oriented silicon electrical steel and tool steel as high-value products.
The following price and volume information for the Company’s Flat-Rolled Products business segment, which reflects this classification change, is filed as part of this Current Report on Form 8-K.
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| | | Quarter Ended | | | | |
| 2005 | | March 31 | | | June 30 | | | September 30 | | | December 31 | | | Year | |
VOLUME: | | | | | | | | | | | | | | | | | | | | |
| Flat-Rolled Products (000’s lbs.) | | | | | | | | | | | | | | | | | | | | |
| High value | | | 126,816 | | | | 122,652 | | | | 123,174 | | | | 123,226 | | | | 495,868 | |
| Commodity | | | 218,758 | | | | 173,584 | | | | 131,218 | | | | 129,310 | | | | 652,870 | |
| | | | | | | | | | | | | | | | |
| Flat-Rolled Products total | | | 345,574 | | | | 296,236 | | | | 254,392 | | | | 252,536 | | | | 1,148,738 | |
| | | | | | | | | | | | | | | | | | | | | |
AVERAGE PRICES: | | | | | | | | | | | | | | | | | | | | |
| Flat-Rolled Products (per lb.) | | | | | | | | | | | | | | | | | | | | |
| High value | | $ | 2.01 | | | $ | 2.24 | | | $ | 2.18 | | | $ | 2.19 | | | $ | 2.15 | |
| Commodity | | $ | 1.22 | | | $ | 1.30 | | | $ | 1.27 | | | $ | 1.24 | | | $ | 1.26 | |
| Flat-Rolled Products combined average | | $ | 1.51 | | | $ | 1.69 | | | $ | 1.71 | | | $ | 1.70 | | | $ | 1.64 | |
| | | | | | | | | | | | | | | | | | | | | |
| | | Quarter Ended | | | | |
| 2004 | | March 31 | | | June 30 | | | September 30 | | | December 31 | | | Year | |
VOLUME: | | | | | | | | | | | | | | | | | | | | |
| Flat-Rolled Products (000’s lbs.) | | | | | | | | | | | | | | | | | | | | |
| High value | | | 120,324 | | | | 124,162 | | | | 125,738 | | | | 138,722 | | | | 508,946 | |
| Commodity | | | 129,650 | | | | 143,354 | | | | 214,624 | | | | 178,932 | | | | 666,560 | |
| | | | | | | | | | | | | | | | |
| Flat-Rolled Products total | | | 249,974 | | | | 267,516 | | | | 340,362 | | | | 317,654 | | | | 1,175,506 | |
| | | | | | | | | | | | | | | | | | | | | |
AVERAGE PRICES: | | | | | | | | | | | | | | | | | | | | |
| Flat-Rolled Products (per lb.) | | | | | | | | | | | | | | | | | | | | |
| High value | | $ | 1.55 | | | $ | 1.68 | | | $ | 1.71 | | | $ | 1.75 | | | $ | 1.67 | |
| Commodity | | $ | 1.09 | | | $ | 1.19 | | | $ | 1.16 | | | $ | 1.25 | | | $ | 1.18 | |
| Flat-Rolled Products combined average | | $ | 1.31 | | | $ | 1.42 | | | $ | 1.36 | | | $ | 1.47 | | | $ | 1.39 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | ALLEGHENY TECHNOLOGIES INCORPORATED |
| | | | | |
| | | | | |
| | | By: | | /s/ Richard J. Harshman |
| | | | | |
| | | | | Richard J. Harshman
Executive Vice President, Finance and
Chief Financial Officer |
Dated: May 3, 2006
