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Business Segments (Tables)
6 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Three Months Ended
December 31,
Six Months Ended
December 31,
($ in millions)2021202020212020
Net Sales:  
Specialty Alloys Operations$330.8 $300.4 $662.8 $601.1 
Performance Engineered Products85.7 54.8 160.3 116.7 
Intersegment(20.5)(6.4)(39.5)(15.7)
Consolidated net sales$396.0 $348.8 $783.6 $702.1 
Three Months Ended
December 31,
Six Months Ended
December 31,
($ in millions)2021202020212020
Operating (Loss) Income:  
Specialty Alloys Operations$(20.3)$(11.6)$(26.2)$(30.2)
Performance Engineered Products3.0 (7.2)3.6 (10.9)
Corporate costs (including restructuring and asset impairment charges)(14.5)(70.6)(28.6)(97.1)
Intersegment0.3 0.4 0.6 0.4 
Consolidated operating loss$(31.5)$(89.0)$(50.6)$(137.8)
Three Months Ended
December 31,
Six Months Ended
December 31,
($ in millions)2021202020212020
Depreciation and Amortization:  
Specialty Alloys Operations$27.4 $23.3 $54.6 $46.5 
Performance Engineered Products4.0 4.2 7.9 10.3 
Corporate1.4 1.0 2.8 2.7 
Intersegment— 0.1 — 0.1 
Consolidated depreciation and amortization$32.8 $28.6 $65.3 $59.6 
Three Months Ended
December 31,
Six Months Ended
December 31,
($ in millions)2021202020212020
Capital Expenditures:  
Specialty Alloys Operations$16.6 $15.7 $28.7 $37.4 
Performance Engineered Products2.0 1.1 3.2 3.2 
Corporate0.5 9.8 1.5 19.3 
Consolidated capital expenditures$19.1 $26.6 $33.4 $59.9 
December 31,
2021
June 30,
2021
($ in millions)
Total Assets:  
Specialty Alloys Operations$2,222.3 $2,150.1 
Performance Engineered Products419.6 418.5 
Corporate233.9 402.2 
Intersegment4.1 0.4 
Consolidated total assets$2,879.9 $2,971.2