Business Segments (Tables)

9 Months Ended

Mar. 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 March 31,				Nine Months Ended March 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	608.5	$	603.4	$	1,728.0	$	1,546.6
Performance Engineered Products	102.4		115.1		299.9		315.1
Intersegment	(26.0)		(28.4)		(66.8)		(69.6)
Consolidated net sales	$	684.9	$	690.1	$	1,961.1	$	1,792.1

Operating Income	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	103.5	$	49.0	$	267.6	$	99.1
Performance Engineered Products	9.2		10.2		25.4		25.9
Corporate	(37.1)		(19.6)		(79.1)		(53.1)
Intersegment	0.3		(0.3)		0.9		(1.7)
Consolidated operating income	$	75.9	$	39.3	$	214.8	$	70.2

Depreciation and Amortization	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	28.8	$	27.5	$	85.0	$	81.9
Performance Engineered Products	4.1		4.0		12.1		11.7
Corporate	1.2		1.3		3.7		3.9
Consolidated depreciation and amortization	$	34.1	$	32.8	$	100.8	$	97.5

Capital Expenditures	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2024		2023		2024		2023
Specialty Alloys Operations	$	17.6	$	18.0	$	56.6	$	45.4
Performance Engineered Products	3.2		2.0		9.4		5.1
Corporate	0.8		0.5		2.9		1.0
Consolidated capital expenditures	$	21.6	$	20.5	$	68.9	$	51.5

Total Assets	March 31, 2024		June 30, 2023
($ in millions)
Specialty Alloys Operations	$	2,558.3	$	2,461.2
Performance Engineered Products	446.6		451.6
Corporate	191.0		159.0
Intersegment	(19.7)		(17.9)
Consolidated total assets	$	3,176.2	$	3,053.9