Ampco-Pittsburgh Division Expedites Withdrawal from U.K. Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2025
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Exit from U.K. Operations: Ampco-Pittsburgh's subsidiary, Union Electric Steel Corporation, has exited its U.K. cast roll operations, effective October 14, 2025, by placing Union Electric Steel UK Limited into administration.
Financial Impact: This exit will eliminate operating losses and increase estimated cost savings, resulting in an annualized run-rate increase of approximately $7M-$8M in adjusted EBITDA, with the impact starting in the fourth quarter of 2025.
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About AP
Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. The Company's segments include Forged and Cast Engineered Products (FCEP) and Air and Liquid Processing (ALP). The FCEP segment produces forged hardened steel rolls, cast rolls and forged engineered products (FEP). Forged hardened steel rolls are used primarily in hot and cold rolling. Cast rolls, which are produced in a variety of iron and steel qualities. The ALP segment includes Aerofin, Buffalo Air Handling and Buffalo Pumps, all divisions of Air & Liquid Systems Corporation, a subsidiary of the Company. Aerofin produces custom-engineered finned tube heat exchange coils and related heat transfer products for a variety of industries, including original equipment manufacturers and commercial, nuclear power generation and industrial manufacturing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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