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Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 2024
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 nine months ended September 30, 2024 and 2023:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Industrial |  | $ | 91.4 |  |  | $ | 143.0 |  |  | $ | 313.3 |  |  | $ | 415.3 |
Automotive |  |  | 104.9 |  |  |  | 140.1 |  |  |  | 350.1 |  |  |  | 404.8 |
Aerospace & Defense(1) |  |  | 12.3 |  |  |  | 30.7 |  |  |  | 102.3 |  |  |  | 70.9 |
Energy |  |  | 14.5 |  |  |  | 35.6 |  |  |  | 63.4 |  |  |  | 127.7 |
Other (2) |  |  | 4.1 |  |  |  | 4.8 |  |  |  | 14.4 |  |  |  | 15.6 |
Total Net Sales |  | $ | 227.2 |  |  | $ | 354.2 |  |  | $ | 843.5 |  |  | $ | 1,034.3 |
(1) “Aerospace & Defense” sales by end-market were previously included in "Industrial" and have been broken out separately for all periods. (2) “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 nine months ended September 30, 2024 and 2023:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Bar |  | $ | 126.3 |  |  | $ | 240.9 |  |  | $ | 500.3 |  |  | $ | 712.8 |
Tube |  |  | 27.6 |  |  |  | 43.3 |  |  |  | 110.4 |  |  |  | 127.5 |
Manufactured components |  |  | 69.2 |  |  |  | 65.2 |  |  |  | 218.4 |  |  |  | 178.4 |
Other (3) |  |  | 4.1 |  |  |  | 4.8 |  |  |  | 14.4 |  |  |  | 15.6 |
Total Net Sales |  | $ | 227.2 |  |  | $ | 354.2 |  |  | $ | 843.5 |  |  | $ | 1,034.3 |
(3) “Other” sales by product type relates to the Company’s scrap sales.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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