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Revenue Recognition (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Industrial

 

$

106.7

 

 

$

91.4

 

 

$

312.8

 

 

$

313.3

 

Automotive

 

 

125.9

 

 

 

104.9

 

 

 

361.9

 

 

 

350.1

 

Aerospace & Defense

 

 

47.2

 

 

 

12.3

 

 

 

121.8

 

 

 

102.3

 

Energy

 

 

21.6

 

 

 

14.5

 

 

 

81.1

 

 

 

63.4

 

Other (1)

 

 

4.5

 

 

 

4.1

 

 

 

13.4

 

 

 

14.4

 

Total Net Sales

 

$

305.9

 

 

$

227.2

 

 

$

891.0

 

 

$

843.5

 

(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 nine months ended September 30, 2025 and 2024:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Bar

 

$

185.8

 

 

$

126.3

 

 

$

538.1

 

 

$

500.3

 

Tube

 

 

30.3

 

 

 

27.6

 

 

 

95.1

 

 

 

110.4

 

Manufactured components

 

 

85.3

 

 

 

69.2

 

 

 

244.4

 

 

 

218.4

 

Other (2)

 

 

4.5

 

 

 

4.1

 

 

 

13.4

 

 

 

14.4

 

Total Net Sales

 

$

305.9

 

 

$

227.2

 

 

$

891.0

 

 

$

843.5

 

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