Carpenter Technology Corp - Company Profile
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Carpenter Technology Corp (Carpenter) carries out the development, manufacturing, and distribution of cast and powder metal stainless steels, and specialty alloy products. Strong operating Performance, order book, and geographical presence are the company’s major strengths, even as cash reserves remain a cause for concern. Recovery of global steel demand, increasing global nickel mining activities, and growth initiatives could provide new growth opportunities to the company. However, foreign currency fluctuations, increasing manpower costs in US, and raw material procurement risks could affect the company’s operations.
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