today. joining Thanks, Good us Thanks everyone. June. for morning,
in solid made progress second challenges. the quarter several company Our facing despite unprecedented
today highlights. with off Let some start me
new a reached backlog of million. order high Our $XXX.X record
the quarter, AMJP expected Gross the liquid margin of metal of on the price XX% our the base XX% second The to melt at for Our up million increase shop sequentially, and quarter announced top XX% expanded $X.X the XX% last up grant growth positive year this July excluding increase year-to-date. XX.X% sixth Bridgeville line from up and sales marks continued in to charges million. $X.X year. X% spill inflation-fighting XX of price as sales of with second
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adequate million, $X.X or over at sequentially. Our of sales increase XX.X% Adjusted $XX a slight million doubled liquidity March XX. remained EBITDA of almost
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expect We position. and to accelerate sequential the sales fourth backlog given in quarter our growth premium third current
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our On gross levels positive add estimate will X%. half the costs the compared $XXX,XXX benefits we profit in second activity surcharges material under added to and or between higher Projected absorption just higher. leverage plus to side, the margins misalignment
margin as increase additional sales expect the of will our sequentially and through sheet income through balance We the in to gross you well items balance both his year. in statement Steve as take report. our
capital of second The working a XXXX. points in $XXX due was end the XX increased million million just our Managed compared does, and the few the capital on to increased he increase inventory quarter at and sales financial to March managed Before second million at sequential position. of end $XXX working on quarter mainly of values. the $XXX to
the the spending production. is million end largely product also of costs, of million premium second was bar million spills million. to inventory example, $XX in bringing to increase of end inventory $XXX.X the inventory. products For quarter material This versus increase factor driven $X.X million at capital finished million increased by was total in volume of in an at spend was mix the increase the $X related the second quarter. year-to-date first represented in quarter, offset Capital and The to $XX.X contributing interruption the $X.X $XXX million lower The inventory. by and the a
quarter chain We as In parts to XXXX XXXX were in supply that expect we delayed availability complete second total of be ended due and projects to to in the mainly the we capital due range capital debt the chain quarter now increase million capital of second other first ongoing first expenditures delays expect of a $XX wildcard. supply expenditures with increase total, with in challenges $X an We million half $XX the half. of working issues needs. the to being from million,
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XXXX, year-end ended down Just chrome, March. a prices, June from commodities. quarter XX% first the few retreat in but the at per elevated had and in pound, Nickel to $X XX% late second pound compared on or quarter second $XX.XX about Except began per pound quarter. remain to just per comments which jumped the XXXX commodities of for
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shop melt second Bridgeville of in Turning quarter. to a at The operations. major resumption clearly accomplishment the operations was
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be industrial to $X.X in of X% the second XXXX. We X% first the General totaled sales, and sales $X.X lower remainder or quarter for XX% million case of of expect the of quarter a than or decline the the year. that the sales second XX% of million from quarter in market
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