Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels. The Company�s manufacturing process involves melting, re-melting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. The Company�s products are sold to re-rollers, forgers, service centers, original equipment manufacturers (OEMs) and wire re-drawers. The Company�s customers further process its products for use in a range of industries, including the aerospace, power generation, petrochemical and heavy equipment manufacturing industries. It also performs conversion services on materials supplied by customers, which lack certain of the Company�s production facilities or that are subject to their own capacity constraints. On August 18, 2011, the Company acquired Patriot Special Metals, Inc. and RSM Real Estate Holding, Inc.