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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Results of Operation, Depreciation and Amortization, Capital Expenditures and Total Assets by Reportable Segments
Segment Data
Net SalesYears Ended June 30,
($ in millions)202320222021
Specialty Alloys Operations$2,213.6 $1,565.6 $1,262.2 
Performance Engineered Products433.7 344.5 259.8 
Intersegment(97.0)(73.8)(46.4)
Consolidated net sales$2,550.3 $1,836.3 $1,475.6 
Operating Income (Loss)Years Ended June 30,
($ in millions)202320222021
Specialty Alloys Operations$179.1 $9.6 $(87.4)
Performance Engineered Products31.8 18.1 (16.5)
Corporate costs (including restructuring and asset impairment charges)(75.5)(52.8)(144.3)
Intersegment(2.3)0.2 (0.4)
Consolidated operating income (loss)$133.1 $(24.9)$(248.6)
Depreciation and AmortizationYears Ended June 30,
($ in millions)202320222021
Specialty Alloys Operations$110.0 $110.1 $99.7 
Performance Engineered Products15.6 15.8 18.3 
Corporate5.3 5.5 5.6 
Intersegment0.1 — — 
Consolidated depreciation and amortization$131.0 $131.4 $123.6 
Capital ExpendituresYears Ended June 30,
($ in millions)202320222021
Specialty Alloys Operations$70.2 $77.5 $69.4 
Performance Engineered Products10.1 10.8 6.0 
Corporate2.0 2.9 25.2 
Intersegment— 0.1 (0.1)
Consolidated capital expenditures$82.3 $91.3 $100.5 
Total AssetsJune 30,
($ in millions)20232022
Specialty Alloys Operations$2,461.2 $2,262.4 
Performance Engineered Products451.6 418.9 
Corporate159.0 248.9 
Intersegment(17.9)2.1 
Consolidated total assets$3,053.9 $2,932.3 
Schedule of Net Sales by Geographic Segment
Geographic Data
Net Sales (a)
Years Ended June 30,
($ in millions)202320222021
United States$1,556.2 $1,179.9 $926.6 
Europe437.3 253.5 242.7 
Asia Pacific319.5 233.9 194.4 
Mexico124.0 89.4 48.8 
Canada60.1 41.5 32.9 
Other53.2 38.1 30.2 
Consolidated net sales$2,550.3 $1,836.3 $1,475.6 
(a) Net sales are attributed to geographic region based on the location of the customer.
Schedule of Long-Lived Assets by Geographic Segment
Long-lived assetsJune 30,
($ in millions)20232022
United States$1,368.1 $1,405.1 
Europe13.1 13.4 
Mexico1.6 1.4 
Asia Pacific0.5 0.6 
Canada0.5 0.3 
Consolidated long-lived assets$1,383.8 $1,420.8