On March 9, 2022, Allegheny Technologies Incorporated announced the termination of Uniti, LLC, its joint venture with VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works) to market and sell a range of commercially pure titanium products. The joint venture primarily focused on selling to industrial markets such as power generation, chemical and petroleum processing, automotive, and transportation. It does not serve the aerospace, defense or medical markets.

The joint venture is expected to wind up expeditiously, no later than year-end 2022.