Streetex Corp   (TIE)
Other Ticker:  
    Sector  Consumer Non Cyclical    Industry Legacy
   Industry Legacy
   Sector  Consumer Non Cyclical

Streetex Corp Segments

Melted products
   11.49 % of total Revenue
Mill products
   82.07 % of total Revenue
Other products
   6.44 % of total Revenue

Business Segments (Sep. 30, 2012)
(in millions $)
III. Quarter
(of total Revenues)
(Sep. 30, 2012)
(in millions $)
III. Quarter
(Profit Margin)
Melted products
29.60 11.49 % 0.00 -
Mill products
211.50 82.07 % 0.00 -
Other products
16.60 6.44 % 0.00 -
257.70 100 % 0.00 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment (Sep. 30, 2012)
Y/Y Revenue
III. Quarter
Q/Q Revenue
(Sep. 30, 2012)
Y/Y Income
III. Quarter
Q/Q Income
Melted products
-13.95 % -10.57 % - -
Mill products
2.52 % -6.62 % - -
Other products
-23.85 % -24.89 % - -
-1.83 % -8.52 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Streetex 's Melted products, Mill products, Other products, Total segment. Select each division with the arrow.

  Streetex 's

Business Segments Description

Melted products (ingot, electrodes and slab) are produced by melting sponge and titanium scrap, either alone or with alloys to produce various grades of titanium products suited to the ultimate application of the product. By introducing other alloys such as vanadium, aluminum, molybdenum, tin and zirconium, the melted titanium product is engineered to produce quality grades with varying combinations of certain physical attributes such as strength-to-weight ratio, corrosion-resistance and milling compatibility. Titanium ingot is a cylindrical solid shape that, in our case, weighs up to 8 metric tons. Titanium slab is a rectangular solid shape that, in our case, weighs up to 16 metric tons. The melting process for ingot and slab is closely controlled and monitored utilizing computer control systems to maintain product quality and consistency and to meet customer specifications. In most cases, we use our ingot and slab as the intermediate material for further processing into mill products. However, we also sell ingot, electrodes and slab to third parties.

Mill products are forged or rolled from our melted products (ingot or slab). Mill products include long products (billet and bar), flat products (plate, sheet and strip) and pipe. Our mill products can be milled or forged to meet customer specifications with respect to size and finish using specified grades of material.

We send certain products to outside vendors for further processing (e.g., certain rolling, finishing and other processing steps in the U.S., and certain melting and forging steps in France) before being shipped to customers. In France, our processor is also a partner in our 70%-owned subsidiary, TIMET Savoie, S.A. (“TIMET Savoie”). During 2006, we entered into a 20-year conversion services agreement with Haynes International, Inc. (“Haynes”), whereby Haynes will provide an annual output capacity of 4,500 metric tons of titanium mill rolling services at their facility in Kokomo, Indiana. We also have the option of increasing this output capacity to 9,000 metric tons. This agreement provides us with a long-term secure source for processing flat products, resulting in a significant increase in our existing mill product conversion capabilities, which allows us to assure our customers of our long-term ability to meet their needs.


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