UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) January 18, 2005

Allegheny Technologies Incorporated
(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation 

            1-12001                                   25-1792394
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    (Commission File Number)             (IRS Employer Identification No.)

  1000 PPG Place, Pittsburgh, Pennsylvania                   15222-5479
  ------------------------------------------------          -------------
  (Address of Principal Executive Offices)                   (Zip Code)

                             (412) 394-2800
   ------------------------------------------------------------------
          (Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On January 18, 2005, Allegheny Technologies Incorporated issued a press release regarding its expected fourth quarter 2004 earnings. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1 Press Release dated January 18, 2005


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALLEGHENY TECHNOLOGIES INCORPORATED 


                              By:    /s/ Jon D. Walton
                                     -------------------------------------------
                                     Jon D. Walton
                                     Executive Vice President, Human Resources,
                                     Chief Legal and Compliance Officer,
                                     General Counsel and Corporate Secretary


Dated:  January 18, 2005


EXHIBIT INDEX

Exhibit 99.1 Press Release dated January 18, 2005

Exhibit 99.1

Allegheny Technologies Expects Strong Fourth Quarter 2004 Results

PITTSBURGH--(BUSINESS WIRE)--Jan. 18, 2005--Allegheny Technologies Incorporated (NYSE:ATI) said today that it expects fourth quarter 2004 earnings to be in the range of $0.32 to $0.37 per share. The Company plans to release its fourth quarter and full-year 2004 results before the market opens on January 31, 2005.

"Our projected fourth quarter 2004 results are due primarily to better than expected operating results in our Flat-Rolled Products and High Performance Metals segments," said Pat Hassey, Chairman, President and Chief Executive Officer of Allegheny Technologies. "Fourth quarter 2004 results benefited from operating efficiencies and cost reductions, which were enhanced by the successful integration of this past summer's stainless steel asset acquisition and our upgraded high performance metals rolling mill. The fourth quarter 2004 results include a LIFO inventory valuation reserve charge of approximately $30 million due to higher raw materials costs. Looking ahead, we continue to be optimistic about 2005."

ATI plans to provide more information on its fourth quarter 2004 earnings and its outlook for 2005 in the Company's earnings news release. ATI will provide live Internet listening access to its conference call scheduled for January 31, 2005, at 1 p.m. ET. The conference call will be broadcast at www.alleghenytechnologies.com.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainties and changes in circumstances. Actual results may differ materially from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Allegheny Technologies' filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.

Allegheny Technologies Incorporated is one of the largest and most diversified specialty materials producers in the world. The Company has approximately 9,000 full-time employees world-wide and its talented people use innovative technologies to offer growing global markets a wide range of specialty materials. High-value products include nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steels, super stainless steel, exotic alloys, which include zirconium, hafnium and niobium, tungsten materials, and highly engineered strip and Precision Rolled Strip(R) products. In addition, we produce commodity specialty materials such as stainless steel sheet and plate, silicon and tool steels, and forgings and castings. The Allegheny Technologies website can be found at www.alleghenytechnologies.com.

CONTACT:
Allegheny Technologies Incorporated
Dan L. Greenfield
412-394-3004