Business Segments (Tables)

6 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Results of Operation, Depreciation and Amortization, Capital Expenditures and Total Assets by Reportable Segments

Net Sales	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	601.5	$	549.4	$	1,246.6	$	1,119.4
Performance Engineered Products	95.0		95.7		195.8		197.4
Intersegment	(19.6)		(20.9)		(47.9)		(40.7)
Consolidated net sales	$	676.9	$	624.2	$	1,394.5	$	1,276.1

Operating Income (Loss)	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	135.6	$	83.3	$	270.2	$	164.1
Performance Engineered Products	7.0		7.1		14.3		16.2
Corporate costs (including special item)	(23.6)		(20.7)		(51.6)		(42.0)
Intersegment	(0.1)		0.1		(0.4)		0.5
Consolidated operating income	$	118.9	$	69.8	$	232.5	$	138.8

Depreciation and Amortization	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	28.8	$	28.4	$	57.4	$	56.2
Performance Engineered Products	4.1		4.0		8.0		8.0
Corporate	1.4		1.2		2.7		2.5
Consolidated depreciation and amortization	$	34.3	$	33.6	$	68.1	$	66.7

Capital Expenditures	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	25.2	$	20.3	$	45.7	$	39.0
Performance Engineered Products	3.6		2.9		9.7		6.2
Corporate	0.5		2.1		0.8		2.1
Consolidated capital expenditures	$	29.3	$	25.3	$	56.2	$	47.3

Total Assets	December 31, 2024		June 30, 2024
($ in millions)
Specialty Alloys Operations	$	2,597.5	$	2,542.2
Performance Engineered Products	439.1		431.5
Corporate	294.4		334.8
Intersegment	(4.3)		(16.8)
Consolidated total assets	$	3,326.7	$	3,291.7