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STRONG FIRST QUARTER ANTICIPATED BY ALLEGHENY LUDLUM

 PITTSBURGH, April 13 /PRNewswire/ -- In light of numerous requests for information following weak earnings reports relating to other metal producers, Allegheny Ludlum Corporation (NYSE: ALS) today announced that 1993 first quarter sales and earnings are expected to reach the highest levels in 2-1/2 years.
 "Earnings for the first quarter are expected to be up approximately 50 percent over last year's period. This strong performance flows primarily from increased sales, improved productivity from capital investments made during recent recessionary years and continued tight control of costs throughout the company," Robert P. Bozzone, Allegheny Ludlum's president and chief executive officer, said.
 Allegheny Ludlum said it expects to announce 1993 first quarter sales and earnings on Monday, April 26, 1993.
 In the 1992 first quarter, Allegheny Ludlum reported sales of $264.4 million and earnings of $11.3 million, or $.34 per share of common stock including an ongoing charge but excluding a one-time charge for postretirement benefits under FAS 106.
 For further reference purposes, in the second quarter of 1990, Allegheny Ludlum reported sales of $296 million and earnings of $22.6 million, or $.68 per share of common stock.
 Allegheny Ludlum is a leading producer of a wide range of specialty materials, including stainless steels, electrical steels and high technology alloys. The company's stock trades on the New York Stock Exchange (symbol: ALS).
 /delval/
 -0- 4/13/93
 /CONTACT: Bert Delano of Allegheny Ludlum, 412-394-2813/
 (ALS)


CO: Allegheny Ludlum Corporation ST: Pennsylvania IN: MNG SU: ERN

CD-KC -- PG006 -- 5118 04/13/93 10:05 EDT
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Publication:PR Newswire
Date:Apr 13, 1993
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