Why Is Ampco-Pittsburgh (AP) Stock Up 49% Today?
APAmpco-Pittsburgh(AP) Investor Place·2024-07-10 19:41

Ampco-Pittsburgh (NYSE:AP) stock is taking off on Wednesday after the company announced new contracts and sales order backlog growth.That includes subsidiary Union Electric Steel securing contracts to provide initial provisioning of rolls for two mill projects under construction.The first is with Ternium Mexico S.A. de C.V. and it is worth 6.7million.Itissettostartinthefirsthalfof2025.ThesecondiswithamajorEuropeanOEMmillbuilderandisworth6.7 million. It is set to start in the first half of 2025. The second is with a major European OEM mill builder and is worth 5 million. It will start in the first half ...