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Revenue Recognition (Tables)

9 Months Ended

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.