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Article: No real recovery. (includes related article on airline production)(Specialty Metals Part Report)(Industry Overview)
- Article from:
- Purchasing
- Article date:
- July 13, 1995
- Author:
CopyrightCOPYRIGHT 1995 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Superalloys demand this decade continues to glide 25% lower than it did in the 1980s. Reason: Superalloys sales depend on aviation and, "This is the great aerospace recession," according to sales VP Tom McDonald at Special Metals Corp. in New Hartford, N.Y. That's why last year's 6% pickup in net sales to 107 million lb is considered a minor blip caused by some inventory restocking by jet engine spare parts and components makers. That's also why sales slippage back to the 105 million-ton region is projected for this year and next.
The largest market for aerospace alloys, military aircraft, is a visible victim of the end of the Cold War. Last year's Pentagon spending ...
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