v3.25.2
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

The following table provides the major sources of revenue by end-market sector for the three and six months ended June 30, 2025 and 2024:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Industrial

 

$

104.4

 

 

$

103.0

 

 

$

206.1

 

 

$

221.9

 

Automotive

 

 

122.8

 

 

 

122.3

 

 

 

236.0

 

 

 

245.2

 

Aerospace & Defense

 

 

42.1

 

 

 

43.7

 

 

 

74.6

 

 

 

90.0

 

Energy

 

 

30.8

 

 

 

20.9

 

 

 

59.5

 

 

 

48.9

 

Other (1)

 

 

4.5

 

 

 

4.8

 

 

 

8.9

 

 

 

10.3

 

Total Net Sales

 

$

304.6

 

 

 

294.7

 

 

$

585.1

 

 

 

616.3

 

(1) “Other” sales by end-market sector relates to the Company’s scrap sales.

The following table provides the major sources of revenue by product type for the three and six months ended June 30, 2025 and 2024:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Bar

 

$

186.3

 

 

$

180.1

 

 

$

352.3

 

 

$

374.0

 

Tube

 

 

33.4

 

 

 

35.0

 

 

 

64.8

 

 

 

82.8

 

Manufactured components

 

 

80.4

 

 

 

74.8

 

 

 

159.1

 

 

 

149.2

 

Other (2)

 

 

4.5

 

 

 

4.8

 

 

 

8.9

 

 

 

10.3

 

Total Net Sales

 

$

304.6

 

 

$

294.7

 

 

$

585.1

 

 

$

616.3

 

(2) “Other” sales by product type relates to the Company’s scrap sales.