1. Dan Greenfield, VP Investor
Relations and Corporate
Communications
June 13, 2012
© 2012 ATI. All rights reserved.

2. Forward Looking Statements
This presentation contains forward-looking statements. Actual results may differ
materially from results anticipated in the forward-looking statements. These and
additional risk factors are described from time to time in the Company’s filings with the
Securities and Exchange Commission, including its Annual Report on Form 10-K for
the year ended December 31, 2011.
© 2012 ATI. All Rights Reserved. June 2012 2

3. Diversified Markets
Percentage of ATI’s Sales
Machine and Cutting Tools 3%
Other 2%
Electronics/Communications/Computers 3% Aerospace and
Defense 29%
Transportation 4%
Food Equipment and Appliance 5% Jet Engine 15% (+71% y-o-y)
Airframe 8% (+18% y-o-y)
Construction and Mining 6% Government/Defense 6%
35% Direct
Automotive 7% International Sales
Q1 2012: $1.4 Billion
Medical 5%
Improved Demand From Key Growth
Oil &
Gas/Chemical Markets + Addition of ATI Ladish
Process
Industry 21% Machine and Cutting Tools 3%
Electrical Energy 15% Other 2%
Electronics/Communications/Computers 3% Aerospace and
Defense 32%
Transportation 4%
2011: $5.2 Billion
Food Equipment and Appliance 4% Jet Engine 17% (+61% y-o-y)
Airframe 10% (+35% y-o-y)
Construction and Mining 8% Government/Defense 5%
38% Direct
Automotive 8% International Sales
Medical 4%
Oil &
Gas/Chemical
Process
Industry 21%
Electrical Energy 11%
© 2012 ATI. All Rights Reserved. June 2012 3

4. Diversified Products - 2011
Percentage of ATI’s Sales
Iron Castings 1%
Specialty Stainless Sheet 10%
Nickel-based &
Specialty Alloys
Standard Stainless Products 11% 25%
78% High-
Exotic Alloys 5% Value
Products
Titanium & Titanium
Tungsten Materials 7% Alloys 14%
Grain-Oriented Electrical Steel 6%
Precision Forging
and Castings 9%
Precision &
Engineered Strip
12%
© 2012 ATI. All Rights Reserved. June 2012 4

5. 2009
2008 &
2011
2009 2011
2008
2004
2008 2010
2011
2011
2009
2011
2011
2011
June 2012 5
© 2012 ATI. All Rights Reserved.

6. ATI’s Unique Aerospace Supply Chain
Raw Melt & Hotwork Mill Forgings &
Material Remelt & Finish Products Shapes Castings
Ti Ni Ti Ni Ti Ni Ti Ni Ti Ni Ti Ni
ATI           
VSMPO-
AVISMA     
Timet
   
RTI
   
PCP
     
Carpenter
    
Inoxum
  
Ti: Titanium and Titanium Alloys; Ni: Nickel-based Alloys and Specialty Alloys
Extruded shape Powder shape Fastener stock shape Casting
© 2012 ATI. All Rights Reserved. June 2012 6

7. Aerospace Growth Trends
Titanium intensive airframes
• Near-net-shapes, titanium investment castings
More fuel efficient, hotter burning engines
• Requires complex titanium alloys to withstand greater pressure
‒ ATI 17™ Alloy PAM – melt preferred
‒ ATI 6-2-4-2™ Alloy
‒ Titanium Aluminides
• Requires complex nickel-based superalloys to withstand higher temperatures
‒ ATI 718Plus® Alloy
‒ Rene 65 Alloy
o Unprecedented development time
o Mill product to forged and machined part
‒ Powder Metals
Record OEM backlogs and unprecedented production rate ramp
© 2012 ATI. All Rights Reserved. June 2012 7

8. Unprecedented Announced Build Rate Increases
Expected Monthly Build Rates
2012 2013 2014 2015 2016 2017
Single aisle
B737 35 38 42 42
A320 40 42 42 42
Total 75 80 84 84
B737MAX EIS
A320neo EIS
Large
B777 7 8.3 8.3 8.3
B787 5 10 10 10
B747 2 3 2 2
A380 3 3.5 3.5 3.5
A330 9.5 9.5 10 10
Total 26.5 34.3 33.8 33.8
A350XWB EIS EIS: Entry into service
Source: Company Increasing Legacy Build Rates + Ramp-up Next-Generation
and Analyst
Reports + Developing Future Generation
© 2012 ATI. All Rights Reserved. June 2012 8

9. 2008
2008
2007
2007/2012
2009
2009
2008
2010
© 2012 ATI. All Rights Reserved. June 2012 9

10. ATI Oil & Gas Provides Materials for:
Down-Hole Processing
Drill bits, MWD & LWD non-mag Downstream refinery, gas
collars, completion tools, injection separation, pipe transport,
lines, shielding. liquefaction and
revaporizing.
Subsea
Flow lines, jumpers, risers,
umbilicals, marine banding. Unconventional
ATI Products Sour service, shale gas, tar
Service the sands, heavy oils, oil shale,
Full Industry biofuels.
Topside
Piping, heat exchangers,
racks, ladders, supports, We Also Provide Technical
cable trays, insulation wrap, Knowledge
fire & blast walls, water Metallurgical knowledge for new
systems. materials, welding, corrosion and
fabrication.
© 2012 ATI Oil & Gas. All rights reserved. 14

11. Hot-Rolling and Processing Facility
© 2012 ATI. All Rights Reserved. June 2012 11

12. $2 Billion in Potential New Annual Revenue Growth (2012-2016)
Strong secular growth from key markets
New manufacturing capabilities
• $3.3 billion in capital expenditures and asset acquisitions (2004-2011)
• Hot-Rolling and Processing Facility (HRPF)
Innovative new products (representative examples)
Aerospace & Defense Oil & Gas/CPI Electrical Energy Medical
ATI 718Plus® Alloy ATI 2003® LDS ATI 718Plus® Alloy ATI 15Mo™ Titanium
Rene 65 Alloy ATI 2102® LDS ATI NuShield™ Borated ATI 35N LoTi™ Alloy
Powder Metals Zeron 100® SDS ATI 690™ Alloy
ATI 425® Alloy OmegaBond® Tubing
Forged and cast Forged and cast Forged and cast Titanium alloy seamless
components, rolled components, solid components, ruthenium- tubing, powder metals,
shapes, fastener stock, tungsten composite based tungsten carbide Precision Rolled Strip®
extruded shapes, bodies for diamond-base for machining turbine titanium
precision machining drill bits, powder near- blades
net-shapes, precision
machining
© 2012 ATI. All Rights Reserved. June 2012 12

13. Why Buy ATI?
Secular Growth Markets 70% of 2011 Sales
• Long-term agreements with leading global companies
Diversified markets and products
• Unique integrated supplier: raw materials, mill products, finished products
• Technology leader
$2 Billion in Potential New Annual Revenue Growth (2012 – 2016)
• New manufacturing capabilities on line now
• Hot-Rolling and Processing Facility to transform Flat-Rolled Products
segment (on line 2013/2014)
• Innovative new products growing and gaining position now
Solid Balance Sheet
• Investment-grade debt
Dividend yield of 2.3% at $30.88/share
• Annual rate is $0.72/share
© 2012 ATI. All Rights Reserved. June 2012 13

14. © 2012 ATI. All rights reserved.