This morning, we issued our earnings press release and posted our presentation slides on our website. From there, Pat will cover the quarterly financial results and the fiscal year 2026 outlook, along with an early look at fiscal 2027. In construction, we saw volume growth from strong product performance and the advantage we have as a secure source of tungsten in a tight supply environment. Additionally, we received large orders in our defense business, further securing ongoing growth in this market as we head into fiscal 2027.
In Metal Cutting, we continue to increase our share of wallet with key accounts, especially in aerospace and defense, and build upon our momentum in energy from AI power generation initiatives. As you know, we continue to prioritize above-market growth as a strategic imperative, and these wins position us well in our key end markets. Prices continued their unprecedented increase throughout the quarter, rising from approximately $900 per metric ton to $3,000 as the supply of material continued to be constrained. We are also focused on managing the primary working capital and balance sheet implications of higher tungsten costs.
For example, as competitors are turning away orders or extending lead times, we are well-positioned to capture business that is aligned with our strategic priorities. These new opportunities also facilitate shaping our product portfolio away from lower margin to higher margin solutions. Given those dynamics, we are prioritizing our time and attention on growth opportunities over restructuring initiatives in the near term. Let's move to our quarterly results, which once again exceeded our sales and EPS outlook.