So we feel pretty optimistic about those applications. And I would say, we’ve had a long history with fuel gas desulfurization of coal plants in Asia. And although that market kind of goes up and down a little bit with the nickel price in terms of how they want to purchase. But bottom line is we feel pretty good about those markets with continued growth, I would say, high single digits, low double-digit kind of growth through 2023 and you asked about inflation reduction act impact and timing. To be candid, we haven’t factored that in. That would be an upside if it came. I’m not sure it will come to the markets we’re serving. A lot of the opportunities we see for specialty energy actually are outside the United States. So probably not such a big impact for us.
Timna Tanners: Okay. And if I could sneak one more in. You mentioned a couple of times in the outlook slides the ongoing or benefits from restoring trends and material sourcing. I just wonder if you can explain a little more what that means and along those same lines, I know in the past, you’ve talked about moly prices, molybdenum is exploded. Does that even matter anymore for you?
Bob Wetherbee: All right. Let’s see. There’s a couple in there, Timna, you’re getting like 6 today. That’s pretty good. On molybdenum, we always care about molybdenum. But I think with the material pass-through, we work hard to pass it through and not take that risk. I think the team has done a good job of that. But it’s always an issue in terms of how fast and what kind of pattern it goes up. So that’s kind of number one. I think your second question was around reshoring. So the first and obvious one is in commercial aerospace. Second and less obvious one is in the medical space over the last few years, we had seen material purchases that were more common purchases. I wouldn’t say commodity, but we’re more standard moving to places like Russia, China, various other sources.
I think that particular supply chain is interested in reshoring. We’re also seeing some activity in the electronics space. Obviously, there’s a huge activity if you’re — if you have been to Phoenix lately, you’ll see a lot of building of chip manufacturing and we actually provide some specific materials that go into the precursors that go into chip manufacturing. That’s been positive for us. And I think it’s the surety of the supply chain, the surety of the quality. So between electronics and medical, I think those are probably 2 other good examples. And then we do a lot of work that has historically brought materials out of China. And I think the growing sensitivity to near-term supply chains of input materials — everything we make is alloyed in one shape form or another, and those alloying ingredients come from all over the world.
So we’ve been able to really focus on how do you near shore or reshore some of those kind of things. So hopefully, that’s a couple of good examples to give you some color on where else that’s going on.
Operator: Thank you. That is now the end of the Q&A session. And I will now hand back over to Tom Wright For closing remarks.
Tom Wright: Thank you for joining us today. A replay of this call will be available on our website. This concludes the ATI fourth quarter earnings call.
Operator: This concludes today’s call. Thank you for joining. You may now disconnect your lines.
