Haynes International traded at $60.50 this Tuesday April 9th, increasing $0.01 or 0.02 percent since the previous trading session. Looking back, over the last four weeks, Haynes International gained 1.82 percent. Over the last 12 months, its price rose by 25.47 percent. Looking ahead, we forecast Haynes International to be priced at 58.67 by the end of this quarter and at 53.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Haynes International, Inc. is a producer of nickel and cobalt-based alloys in sheet, coil and plate forms. The Company is focused on developing, manufacturing, marketing and distributing alloys, which are sold primarily in the aerospace, chemical processing and industrial gas turbine industries. The Company’s products consist of high-temperature resistant alloys (HTA) products, and corrosion-resistant alloys (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines, gas turbine engines, and industrial heating and heat treatment equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. The Company also produces its products as seamless and welded tubulars in slab, bar, billet and wire forms. The Company has manufacturing facilities in Indiana, Louisiana and North Carolina.