(:TMST)
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Feb 13, 2024 03:15 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2023 Earnings Webcast Details
CANTON, Ohio, Feb. 13, 2024 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange.
Jan 10, 2024 07:30 am ET
TimkenSteel Announces Intent to Change Name to Metallus Inc.
CANTON, Ohio, Jan. 10, 2024 /PRNewswire/ -- TimkenSteel (NYSE: TMST) today announced its intent to change its name to Metallus Inc. The new name honors the company's century-long legacy as an industry-leading producer of strong, sustainable steel and reflects its vision to harness the enduring power of high-performance metals to make the world a better place. The company's common stock will continue to trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS), effective February 27, 2024.
Dec 05, 2023 10:25 am ET
Sidoti Events, LLC's Virtual December Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 6-7, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Nov 02, 2023 04:10 pm ET
TimkenSteel Announces Third-Quarter 2023 Results
Net sales of $354.2 million with net income of $24.8 million and adjusted EBITDA(1) of $46.8 million Operating cash flow of $28.1 million with cash and cash equivalents of $225.4 million at the end of SeptemberDeployed $17.5 million of cash for capital expenditures and $7.7 million to repurchase common sharesCANTON, Ohio, Nov. 2, 2023 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported third-quarter 2023 net sales of $354.2 million and net income of $24.8 million, or $0.51 per diluted share. On
Oct 18, 2023 04:15 pm ET
TimkenSteel Announces Third-Quarter 2023 Earnings Webcast Details
CANTON, Ohio, Oct. 18, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 third-quarter financial results on Thursday, November 2, after the market closes on the New York Stock Exchange.
Aug 02, 2023 08:50 am ET
TimkenSteel Announces the Election of Jamy P. Rankin to TimkenSteel's Board of Directors
CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) – The board of directors of TimkenSteel Corporation today elected Jamy P. Rankin, retired president and chief executive officer of Ford Component Sales, LLC, as a new independent director. She joins ten directors currently serving on the TimkenSteel board.
Jul 20, 2023 04:10 pm ET
TimkenSteel Announces Second-Quarter 2023 Earnings Webcast Details
CANTON, Ohio, July 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 second-quarter financial results on Thursday, August 3, after the market closes on the New York Stock Exchange.
May 04, 2023 04:10 pm ET
TimkenSteel Announces First-Quarter 2023 Results
Net sales of $323.5 million, an increase of 32 percent compared with the fourth quarter of 2022Net income of $14.4 million with adjusted EBITDA(1) of $36.0 million Operating cash flow of $9.8 million with ending cash and cash equivalents of $227.4 millionDeployed $28.1 million of cash to repurchase common shares and convertible notesCANTON, Ohio, May 4, 2023 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported first-quarter 2023 net sales of $323.5 million and net income of $14.4 million, or $0.
Apr 20, 2023 04:10 pm ET
TimkenSteel Announces First-Quarter 2023 Earnings Webcast Details
CANTON, Ohio, April 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 first-quarter financial results on Thursday, May 4, after the market closes on the New York Stock Exchange.
Apr 18, 2023 05:26 pm ET
TimkenSteel Publishes 2022 Sustainability Report
CANTON, Ohio, April 18, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today released its 2022 sustainability report, which is available at https://timkensteel.com/who-we-are/Sustainability.
Mar 20, 2023 02:00 pm ET
Sidoti's Small-Cap Virtual March Conference
NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023. The links can also be found at www.sidoticonference.com/events.
Feb 23, 2023 03:10 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2022 Results
Net sales of $245.4 million in the fourth-quarter and $1.3 billion for the full-yearFourth-quarter net loss of $33.2 million and full-year net income of $65.1 million with adjusted EBITDA(1) of $11.9 million in the fourth-quarter and $172.2 million for the full-year Operating cash flow of $23.7 million in the fourth quarter with $134.5 million for the full-yearCANTON, Ohio, Feb. 23, 2023 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported fourth-quarter 2022 net sales of $245.4 million and a ne
Feb 08, 2023 03:10 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2022 Earnings Webcast Details
CANTON, Ohio, Feb. 8, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2022 fourth-quarter and full-year financial results on Thursday, February 23, after the market closes on the New York Stock Exchange.
Nov 03, 2022 04:10 pm ET
TimkenSteel Announces Third-Quarter 2022 Results
Net sales of $316.8 millionNet loss of $13.3 million with adjusted EBITDA(1) of $10.8 millionOperating cash flow of $46.8 million with record ending cash and cash equivalents of $262.5 millionCANTON, Ohio, Nov. 3, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today confirmed its previously reported third-quarter 2022 net sales of $316.8 million and reported a net loss of $13.3 million, or a loss of $0.29 per diluted share. On an adjusted basis(1), the third-quarter 2022 net loss was $4.1 million,
Nov 02, 2022 04:10 pm ET
TimkenSteel Elects Two New Independent Directors
CANTON, Ohio, Nov. 2, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) – The board of directors of TimkenSteel Corporation today elected Mary Ellen Baker, retired executive vice president and head of business services for Citizens Bank, and Nick Chirekos, retired managing director, North America head of mining for J.P. Morgan, as new independent directors. They join nine directors currently serving on the TimkenSteel board.
Oct 12, 2022 05:14 pm ET
TimkenSteel Announces Preliminary Third-Quarter 2022 Financial Results and Earnings Webcast Details
CANTON, Ohio, Oct. 12, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today announced preliminary third-quarter 2022 financial results.
Aug 04, 2022 04:10 pm ET
TimkenSteel Announces Second-Quarter 2022 Results
Net sales of $415.7 million reflects continued strength in customer demand, higher base prices and an increase in raw material surchargesNet income of $74.5 million with record adjusted EBITDA(1) of $84.2 million Strong operating cash flow of $50.7 millionCANTON, Ohio, Aug. 4, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported second-quarter 2022 net sales of $415.7 million and net income of $74.5 million, or $1.42 per diluted share. On an adjusted basis(1), second-quarter 2022 net incom
Jul 21, 2022 04:10 pm ET
TimkenSteel Announces Second-Quarter 2022 Earnings Webcast Details
CANTON, Ohio, July 21, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2022 second-quarter financial results on Thursday, August 4, after the market closes on the New York Stock Exchange.
Jul 13, 2022 04:10 pm ET
TimkenSteel to Purchase Group Annuity Contract for Retiree Pension Benefits
CANTON, Ohio, July 13, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, on July 7, 2022, entered into an agreement to purchase a group annuity contract from The Prudential Insurance Company of America ("Prudential") to settle approximately $250 million of the company's approximate $800 million in U.S. pension obligations under the TimkenSteel Corporation Bargaining Unit Pension Plan (the "Pension Plan").
May 04, 2022 04:10 pm ET
TimkenSteel Announces First-Quarter 2022 Results
Net sales of $352.0 million in the first quarter reflect strength in customer demand and higher base pricesNet income of $37.1 million with adjusted EBITDA(1) of $65.3 million Operating cash flow of $13.3 millionCANTON, Ohio, May 4, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported first-quarter 2022 net sales of $352.0 million and net income of $37.1 million, or $0.70 per diluted share. On an adjusted basis(1), first-quarter 2022 net income was $48.6 million, or $0.92 per diluted share
Apr 21, 2022 04:10 pm ET
TimkenSteel Publishes Inaugural Sustainability Report
CANTON, Ohio, April 21, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today released its inaugural sustainability report, which is available at https://timkensteel.com/who-we-are/Sustainability.
Apr 20, 2022 04:10 pm ET
TimkenSteel Announces First-Quarter 2022 Earnings Webcast Details
CANTON, Ohio, April 20, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2022 first-quarter financial results on Wednesday, May 4, after the market closes on the New York Stock Exchange.
Feb 24, 2022 03:10 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2021 Results
CANTON, Ohio, Feb. 24, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported fourth-quarter 2021 net sales of $338.3 million and net income of $57.1 million, or $1.07 per diluted share. On an adjusted basis(1), fourth-quarter 2021 net income was $42.3 million, or $0.80 per diluted share, and adjusted EBITDA was $62.1 million.
Feb 09, 2022 03:30 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year Fiscal 2021 Earnings Webcast Details
CANTON, Ohio, Feb. 9, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2021 fourth-quarter and full-year financial results on Thursday, February 24, after the market closes on the New York Stock Exchange.
Dec 20, 2021 03:10 pm ET
TimkenSteel Announces $50 Million Share Repurchase Program and Capital Expenditure Budget for 2022
CANTON, Ohio, Dec. 20, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to $50 million of its outstanding common shares. Additionally, the Board of Directors approved the capital expenditure budget for 2022 in the amount of $40 million.
Nov 04, 2021 04:10 pm ET
TimkenSteel Announces Third-Quarter 2021 Results
CANTON, Ohio, Nov. 4, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported third-quarter 2021 net sales of $343.7 million and net income of $50.1 million, or $0.94 per diluted share. On an adjusted basis(1), third-quarter 2021 net income was $55.2 million, or $1.04 per diluted share, and adjusted EBITDA was $72.0 million.
Oct 29, 2021 08:16 pm ET
United Steelworkers Ratify Four-Year Contract with TimkenSteel
CANTON, Ohio, Oct. 29, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, announced today that its employees who are members of the United Steelworkers (USW) Local 1123 have voted in favor of a new four-year contract.
Oct 21, 2021 04:10 pm ET
TimkenSteel Announces Third-Quarter Fiscal 2021 Earnings Webcast Details
CANTON, Ohio, Oct. 21, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2021 third-quarter financial results on Thursday, November 4, after the market closes on the New York Stock Exchange.
Oct 14, 2021 04:10 pm ET
TimkenSteel Announces 2030 Environmental Goals, Reaffirms Overall Environmental, Social and Governance Commitments
CANTON, Ohio, Oct. 14, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today announced environmental goals for 2030, a critical milestone in the evolution of the company's environmental, social and governance (ESG) program.
Oct 13, 2021 08:57 am ET
TimkenSteel to Increase Prices on Special Bar Quality Products
CANTON, Ohio, Oct. 13, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on all special bar quality (SBQ) products by $60 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning November 1, 2021. All surcharge mechanisms remain in effect.
Oct 08, 2021 08:30 am ET
TimkenSteel, United Steelworkers (USW) Local 1123 Reach Tentative Agreement for New Four-Year Contract
CANTON, Ohio, Oct. 8, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, and the United Steelworkers (USW) Local 1123 have reached a tentative agreement for a new four-year contract. The date of the vote will be set and announced by the union.
Sep 24, 2021 04:55 pm ET
TimkenSteel and The United Steelworkers (USW) Local 1123 Agree to Extend Contract
CANTON, Ohio, Sept. 24, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, and the United Steelworkers (USW) Local 1123 have jointly agreed to extend their contract, which expires on Monday, September 27, 2021. The two-week extension will allow negotiations to continue as both sides work toward a mutually acceptable agreement. The extension will expire on Monday, October 11, 2021.
Aug 12, 2021 08:50 am ET
TimkenSteel Elects Two New Independent Directors
CANTON, Ohio, Aug. 12, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) – The board of directors of TimkenSteel Corporation, today elected Ken Garcia, executive fellow of Q2 Software, Inc., and Ellis Jones, vice president of global environmental, health, safety, sustainability and business continuity with The Goodyear Tire and Rubber Company, as new independent directors. They join eight directors currently serving on the TimkenSteel board.
Aug 09, 2021 04:10 pm ET
TimkenSteel to Increase Prices on Special Bar Quality and Seamless Mechanical Tubing Products
CANTON, Ohio, Aug. 9, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on all special bar quality (SBQ) products by $60 per ton. This increase is effective for shipments beginning September 6, 2021.
Aug 05, 2021 04:10 pm ET
TimkenSteel Announces Second-Quarter 2021 Results
CANTON, Ohio, Aug. 5, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported second-quarter 2021 net sales of $327.3 million and net income of $54.0 million, or $0.98 per diluted share. On an adjusted basis(1), second-quarter 2021 net income was $52.5 million, or $0.96 per diluted share, and adjusted EBITDA was $71.0 million.
Jul 22, 2021 04:20 pm ET
TimkenSteel Announces Second-Quarter Fiscal 2021 Earnings Webcast Details
CANTON, Ohio, July 22, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) will release its 2021 second-quarter financial results on Thursday, August 5, after the market closes on the New York Stock Exchange.
Jun 10, 2021 04:15 pm ET
TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9
CANTON, Ohio, June 10, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com) and the United Steelworkers will begin discussions on August 9 regarding the current labor agreement that is set to expire on September 27. The current agreement covers approximately 1,180 bargaining employees at the company's Canton, Ohio operations.
Feb 25, 2021 03:20 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2020 Results
CANTON, Ohio, Feb. 25, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported fourth-quarter 2020 net sales of $211.2 million and a net loss of $12.8 million. In the same quarter last year, net sales were $226.9 million with net loss of $84.6 million. Adjusted EBITDA(2) for the fourth quarter of 2020 was $20.7 million compared with an adjusted EBITDA(2) loss of $8.7 million in the same quarter last year.
Feb 24, 2021 03:15 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Products
CANTON, Ohio, Feb. 24, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on all special bar quality (SBQ) products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning April 5, 2021. All surcharge mechanisms remain in effect.
Feb 10, 2021 03:30 pm ET
TimkenSteel to Announce Fourth-Quarter and Full-Year 2020 Financial Results on February 25
CANTON, Ohio, Feb. 10, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) will release its 2020 fourth-quarter and full-year financial results on Thursday, February 25, after the market closes on the New York Stock Exchange.
Jan 13, 2021 03:15 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Products
CANTON, Ohio, Jan. 13, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on all special bar quality (SBQ) products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning March 1, 2021. All surcharge mechanisms remain in effect.
Jan 05, 2021 06:44 am ET
Timkensteel Announces Inducement Grants For Its New Chief Executive Officer
CANTON, Ohio, Jan. 5, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced that, as previously disclosed in its Form 8-K filed with the Securities and Exchange Commission on December 18, 2020, TimkenSteel made inducement grants to Michael S. Williams, the newly-appointed President and Chief Executive Officer of TimkenSteel. The Compensation Committee of TimkenSteel's Board of Directors approved, pursuant to Section 303A.08 of the New York Stock Exchange Listed Company Manual, grants of inducement equity awards to Mr. W
Dec 21, 2020 03:15 pm ET
TimkenSteel to Increase Prices on Seamless Mechanical Tubing Products
CANTON, Ohio, Dec. 21, 2020 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing (SMT) products by $40 per ton. These increases are effective immediately with new orders received, and for all shipments beginning March 1, 2021. All surcharge mechanisms remain in effect.
Dec 18, 2020 07:30 am ET
TimkenSteel Announces Executive Leadership Changes
CANTON, Ohio, Dec. 18, 2020 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today announced its Board of Directors has approved several important executive leadership changes. Michael S. Williams has been named president and chief executive officer of the company and has also been elected to the board of directors effective January 1, 2021. Terry L. Dunlap, who has served as the company's interim chief executive officer and president since October 2019, will remain on the board and resume his role as an independent director of the company,
Dec 03, 2020 03:15 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Products
CANTON, Ohio, Dec. 3, 2020 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on all special bar quality (SBQ) products by $25 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning January 4, 2021. All surcharge mechanisms remain in effect.
Oct 29, 2020 04:15 pm ET
TimkenSteel Announces Third-Quarter 2020 Results
CANTON, Ohio, Oct. 29, 2020 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported third-quarter 2020 net sales of $205.9 million and a net loss of $13.9 million. In the same quarter last year, net sales were $274.2 million with net loss of $17.0 million. Adjusted EBITDA(1) for the third quarter of 2020 was $2.6 million compared with an adjusted EBITDA(1) loss of $1.4 million in the same quarter last year.
Oct 16, 2020 08:30 am ET
TimkenSteel to Announce Third-Quarter 2020 Financial Results on October 29
CANTON, Ohio, Oct. 16, 2020 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) will release its 2020 third-quarter financial results on Thursday, October 29, after the market closes on the New York Stock Exchange.
Aug 06, 2020 04:15 pm ET
TimkenSteel Announces Second-Quarter 2020 Results
CANTON, Ohio, Aug. 6, 2020 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported second-quarter 2020 net sales of $154.0 million and a net loss of $15.3 million. In the same quarter last year, net sales were $336.7 million with net loss of $11.9 million. Adjusted EBITDA(1) for the second quarter of 2020 was $5.7 million compared with adjusted EBITDA(1) of $16.9 million in the same quarter last year. The positive adjusted EBITDA in second-quarter 2020 was achieved through aggressive cost reduction actions to help offset significantl
Jul 23, 2020 04:15 pm ET
TimkenSteel to Announce Second-Quarter 2020 Financial Results on August 6
CANTON, Ohio, July 23, 2020 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) will release its 2020 second-quarter financial results on Thursday, August 6, after the market closes on the New York Stock Exchange.
May 07, 2020 04:13 pm ET
TimkenSteel Announces First-Quarter 2020 Results
CANTON, Ohio, May 7, 2020 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported 2020 first-quarter net sales of $259.7 million and a net loss of $19.9 million. In the same quarter last year, net sales were $371 million with net income of $3.5 million. Excluding certain items, the adjusted net loss(1) was $11.3 million in the first quarter of 2020. Adjusted EBITDA(1) for the first quarter of 2020 was $9 million compared with EBITDA(1) of $25.6 million in the same quarter last year. First-quarter 2020 financial results represented a
Apr 23, 2020 04:30 pm ET
TimkenSteel to Announce First-Quarter 2020 Financial Results on May 7
CANTON, Ohio, April 23, 2020 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) will release its 2020 first-quarter financial results on Thursday, May 7, after the market closes on the New York Stock Exchange.
Apr 09, 2020 04:30 pm ET
TimkenSteel Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Shareholders
CANTON, Ohio, April 9, 2020 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST) today announced a change in the format of its 2020 annual meeting of shareholders from in-person to virtual-only. Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of the company's shareholders, employees and their families, the company will hold its annual meeting in a virtual meeting format only, via webcast. As previously announced, the annual meeting will be held on May 6, 2020 at 10:00 a.m. Eastern time.
Nov 13, 2019 04:20 pm ET
TimkenSteel Board of Directors Appoints Leila Vespoli as Independent Director
CANTON, Ohio, Nov. 13, 2019 /PRNewswire/ -- The board of directors of TimkenSteel Corporation (NYSE: TMST), appointed Leila Vespoli, retired executive vice president of corporate strategy, regulatory affairs and chief legal officer of FirstEnergy Corp., as a new independent director.
Nov 06, 2019 03:42 pm ET
TimkenSteel Announces Third-Quarter 2019 Results
CANTON, Ohio, Nov. 6, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported 2019 third-quarter net sales of $274.2 million and a net loss of $4.6 million or minus $0.10 per diluted share. In the same quarter last year, net sales were $409.9 million with net income of $1.4 million or $0.03 per diluted share. EBITDA(1) for the third quarter of 2019 was $14.4 million, a decrease of $12.1 million from adjusted EBITDA(1)over the same quarter last year.
Oct 24, 2019 04:45 pm ET
TimkenSteel to Announce Third-Quarter 2019 Financial Results on November 6
CANTON, Ohio, Oct. 24, 2019 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2019 third-quarter financial results on Wednesday, November 6, after the market closes on the New York Stock Exchange.
Oct 09, 2019 06:30 am ET
TimkenSteel Announces CEO Transition
CANTON, Ohio, Oct. 9, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today announced that Ward J. "Tim" Timken, Jr. has stepped down as Chief Executive Officer and President and as Chairman of the TimkenSteel Board of Directors. Effective immediately, the Board of Directors has appointed Terry L. Dunlap as the Company's interim Chief Executive Officer and President. John P. Reilly, the current Lead Director of the TimkenSteel Board of Directors, will immediately assume the role of Chairman of the Board.
Aug 01, 2019 04:49 pm ET
TimkenSteel Announces Second Quarter of 2019 Results
CANTON, Ohio, Aug. 1, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported 2019 second quarter net sales of $336.7 million and a net loss of $4.4 million or minus $0.10 per diluted share. In the same quarter last year, net sales were $413.5 million with net income of $8.4 million or $0.19 per diluted share. Adjusted EBITDA(1) for the second quarter of 2019 was $27.5 million, a decrease of $3.4 million over the same quarter last year.
Jul 17, 2019 09:06 am ET
TimkenSteel to Announce Second-Quarter 2019 Financial Results on August 1
CANTON, Ohio, July 17, 2019 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2019 second-quarter financial results on Thursday, August 1, after the market closes on the New York Stock Exchange.
May 02, 2019 04:30 pm ET
TimkenSteel Announces First-Quarter 2019 Results
CANTON, Ohio, May 2, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter 2019 net sales of $371 million and net income of $4.2 million or $0.09 per diluted share. In the same quarter last year, net sales were $381 million with a net loss of $1.9 million or minus $0.04 per diluted share. EBITDA(1) for first-quarter 2019 was $26.3 million, an increase of $5 million over the same quarter last year.
Apr 04, 2019 04:15 pm ET
TimkenSteel to Announce First-Quarter 2019 Financial Results on May 2
CANTON, Ohio, April 4, 2019 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2019 first-quarter financial results on Thursday, May 2, after the market closes on the New York Stock Exchange.
Mar 27, 2019 06:47 pm ET
TimkenSteel Publishes New Sustainability Policy
CANTON, Ohio, March 27, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today published a sustainability policy that highlights its ongoing commitment to transparency and long-term prosperity. The policy follows the release of the annual report to shareholders and proxy statement, both of which provide a holistic look at the company.
Feb 20, 2019 03:30 pm ET
TimkenSteel Announces Fourth-Quarter, Full-Year 2018 Results; Exceeds Guidance for Quarter
CANTON, Ohio, Feb. 20, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported fourth-quarter 2018 net sales of $406 million and a net loss of $40 million or minus $0.89 per diluted share. In the same quarter last year, net sales were $341 million with a net loss of $34 million or minus $0.76 per diluted share. Adjusted EBITDA(1) for fourth-quarter 2018 was $26.7 million, an increase of $19 million over the same quarter last year.
Jan 08, 2019 07:30 am ET
Investor Expectations to Drive Momentum within National Beverage, Rexford Industrial Realty, OUTFRONT Media, Genomic Health, Zumiez, and Timken Steel — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of National Beverage Corp. (NASDAQ:FIZZ), Rexford Industrial Realty, Inc....
Jan 07, 2019 05:27 pm ET
TimkenSteel to Announce Fourth-Quarter, Full-Year 2018 Financial Results on February 20
CANTON, Ohio, Jan. 7, 2019 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2018 fourth-quarter and full-year financial results on Wednesday, Feb. 20, after the market closes on the New York Stock Exchange.
Dec 06, 2018 10:22 am ET
TimkenSteel Charitable Fund Awards $145,000 in New Scholarships to Employees' Children
CANTON, Ohio, Dec. 6, 2018 /PRNewswire/ -- The TimkenSteel Charitable Fund has awarded seven new TimkenSteel scholars with $145,000 in scholarship funds.
Nov 01, 2018 07:35 am ET
Analysis: Positioning to Benefit within Waste Connections, Timken Steel, Tootsie Roll Industries, VALE S.A, Coca-Cola, and ConocoPhillips — Research Highlights Growth, Revenue, and Consolidated Result
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Waste Connections, Inc. (NYSE:WCN), Timken Steel Corporation (NYSE:TMST),...
Oct 25, 2018 04:43 pm ET
TimkenSteel Announces Third-Quarter 2018 Results
CANTON, Ohio, Oct. 25, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported third-quarter 2018 net sales of $409.9 million and net income of $1.4 million or $0.03 per diluted share. In the same quarter last year, net sales were $339.1 million with a net loss of $5.9 million or minus $0.13 per diluted share. Adjusted EBITDA(1) for the third quarter was $26.5 million, an increase of $7.7 million over the same quarter last year.
Oct 01, 2018 02:11 pm ET
TimkenSteel to Announce Third-Quarter 2018 Financial Results on October 25
CANTON, Ohio, Oct. 1, 2018 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2018 third-quarter financial results on Thursday, Oct. 25, after the market closes on the New York Stock Exchange.
Sep 21, 2018 06:40 am ET
TimkenSteel names Kristopher R. Westbrooks as new CFO; Announces departure of current CFO
CANTON, Ohio, Sept. 21, 2018 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, timkensteel.com) has named Kristopher R. Westbrooks as executive vice president and chief financial officer to succeed current CFO Christopher J. Holding, who is leaving the company, effective September 23, 2018. Westbrooks will join the company in this new role on September 24, 2018.
Aug 21, 2018 04:26 pm ET
TimkenSteel Named One of Best Places to Work; Also Receives NorthCoast 99 Award for Compensation Plan
CANTON, Ohio, Aug. 21, 2018 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, has been named by the Employer's Resource Council (ERC) as one of the Top 99 workplaces in Northeast Ohio, and also received this year's special award in the Compensation category.
Aug 09, 2018 08:11 am ET
TimkenSteel Board of Directors Appoints Marvin Riley as Additional Independent Director
CANTON, Ohio, Aug. 9, 2018 /PRNewswire/ -- The board of directors of TimkenSteel Corporation (NYSE: TMST, timkensteel.com), appointed Marvin Riley, chief operating officer of EnPro Industries, as a new independent director. Eleven directors now serve on the TimkenSteel board.
Aug 02, 2018 08:20 am ET
Consolidated Research: 2018 Summary Expectations for Signature Bank, New Senior Investment Group, Spok, Simpson Manufacturing, Fair Isaac, and Timken Steel — Fundamental Analysis, Key Performance Indi
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Signature Bank (NASDAQ:SBNY), New Senior Investment Group Inc. (NYSE:SNR),...
Aug 01, 2018 04:48 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Products
CANTON, Ohio, Aug. 1, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on special bar quality (SBQ) bar products by $50 per ton. This increase is for orders not already covered by agreements, and effective with shipments beginning Sept. 3, 2018. All surcharge mechanisms remain in effect.
Jul 26, 2018 05:07 pm ET
TimkenSteel Announces Second-Quarter 2018 Results; Reports Increased Earnings
CANTON, Ohio, July 26, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported second-quarter net sales of $413.5 million and net income of $8.4 million or $0.19 per diluted share. In the same quarter last year, net sales were $339.3 million with net income of $1.3 million or $0.03 per diluted share. First-quarter net sales were $380.8 million with a net loss of $1.9 million or minus $0.04 per share.
Jun 29, 2018 04:35 pm ET
TimkenSteel's Endurance Steels Named American Metal Market's Best Product Innovation of the Year
CANTON, Ohio, June 29, 2018 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) a leader in customized alloy steel products and services, has earned the prestigious American Metal Market (AMM) Award for Steel Excellence in the "Best Innovation – Product" category for its Endurance family of ultra-high-strength, high-toughness steels. The company was recognized at AMM's awards ceremony on Tuesday, June 26, in New York City.
Jun 25, 2018 04:15 pm ET
TimkenSteel to Announce Second-Quarter 2018 Financial Results on July 26
CANTON, Ohio, June 25, 2018 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2018 second-quarter financial results on Thursday, July 26, after the market closes on the New York Stock Exchange.
Jun 20, 2018 04:15 pm ET
TimkenSteel to Increase Prices on Seamless Mechanical Tubing Products
CANTON, Ohio, June 20, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing (SMT) hot-rolled and single-thermal-treated products by $40 per ton, and on SMT quench-and-tempered products by $100 per ton. These increases are effective immediately with new orders received, and for all shipments beginning Oct. 1, 2018. All surcharge mechanisms remain in effect.
Apr 26, 2018 04:26 pm ET
TimkenSteel Announces First-Quarter 2018 Results; Expects Continued Improvement in Second Quarter
CANTON, Ohio, April 26, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $380.8 million, compared with net sales of $309.4 million in the same quarter last year and $341.4 million in the fourth quarter of 2017. The company reported a net loss of $1.9 million or minus $0.04 per share for the first quarter of 2018, compared with a net loss of $5.3 million or minus $0.12 per share in the same quarter last year, and a net loss of $33.9 million or minus $0.76 per share in the fourth
Apr 23, 2018 07:50 am ET
Investor Expectations to Drive Momentum within CVB Financial, New Senior Investment Group, EXTRACTION O&G, Masimo, Timken Steel, and Commercial Vehicle Group — Discovering Underlying Factors of Influe
NEW YORK, April 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CVB Financial Corporation (NASDAQ:CVBF), New Senior...
Mar 29, 2018 01:17 pm ET
TimkenSteel to Announce First-Quarter 2018 Financial Results on April 26
CANTON, Ohio, March 29, 2018 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2018 first-quarter financial results on Thursday, April 26, after the market closes on the New York Stock Exchange.
Mar 27, 2018 04:15 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Bar and Seamless Mechanical Tubing Products
CANTON, Ohio, March 27, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on:
Feb 21, 2018 08:10 am ET
New Research Coverage Highlights Timken Steel, National Health Investors, Donaldson, Array BioPharma, Impax Laboratories, and Baxter International — Consolidated Revenues, Company Growth, and Expectat
NEW YORK, Feb. 21, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Timken Steel Corporation (NYSE:TMST), National Health...
Feb 08, 2018 03:46 pm ET
TimkenSteel to Increase Prices on Special Bar Quality Bar Products
CANTON, Ohio, Feb. 8, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on special bar quality (SBQ) hot-rolled bar products by $40 per ton, as well as on SBQ hot-rolled and thermal-treated bar products by $50 per ton. This increase is effective with shipments beginning April 1, 2018. All surcharge mechanisms remain in effect.
Jan 25, 2018 04:20 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2017 Results; Expects Stronger 2018
CANTON, Ohio, Jan. 25, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported fourth-quarter net sales of $341.4 million, compared with net sales of $214.7 million in the same quarter last year and $339.1 million in the third quarter of 2017. The company reported a net loss of $34.4 million or minus $0.77 per share for the fourth quarter of 2017, compared with a net loss of $67.0 million or minus $1.52 per share in the same quarter last year, and net loss of $5.9 million or minus $0.13 per share in the third qu
Jan 05, 2018 01:52 pm ET
TimkenSteel Launches Practical Data for Metallurgists Cloud-based Application
CANTON, Ohio, Jan. 5, 2018 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, www.timkensteel.com), a leader in customized alloy steel products and services, today announced the launch of its new, cloud-based mobile application to complement its Practical Data for Metallurgists printed guide.
Jan 04, 2018 03:47 pm ET
TimkenSteel to Announce Fourth-Quarter, Full-Year 2017 Financial Results on January 25
CANTON, Ohio, Jan. 4, 2018 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2017 fourth-quarter and full-year financial results on Thursday, Jan. 25, after the market closes on the New York Stock Exchange.
Dec 08, 2017 10:27 am ET
TimkenSteel Charitable Fund Awards $145,000 in Scholarships to Employees' Children
CANTON, Ohio, Dec. 8, 2017 /PRNewswire/ -- The TimkenSteel Charitable Fund named seven new TimkenSteel scholars today who will receive $145,000 in scholarship funds.
Dec 05, 2017 08:00 am ET
New Research Coverage Highlights Array BioPharma, Impax Laboratories, Baxter International, Timken Steel, National Health Investors, and Donaldson — Consolidated Revenues, Company Growth, and Expectat
NEW YORK, Dec. 05, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Array BioPharma Inc. (NASDAQ:ARRY), Impax Laboratories,...
Dec 01, 2017 06:37 pm ET
United Steelworkers Ratify Four-Year Contract with TimkenSteel
CANTON, Ohio, Dec. 1, 2017 /PRNewswire/ -- The United Steelworkers (USW) Local 1123 members voted in favor of a new four-year contract with TimkenSteel today.
Nov 22, 2017 03:05 pm ET
TimkenSteel, United Steelworkers Reach Another Tentative Agreement for New Four-Year Contract
CANTON, Ohio, Nov. 22, 2017 /PRNewswire/ -- TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a third tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement.
Nov 21, 2017 02:36 pm ET
TimkenSteel to Present at Cowen Energy & Natural Resources Conference
CANTON, Ohio, Nov. 21, 2017 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, www.timkensteel.com), a leader in customized alloy steel products and services, will present at the Cowen Energy & Natural Resources Conference on Tuesday, Dec. 5 at approximately 9:40 a.m. EST in New York.
Nov 21, 2017 08:04 am ET
TimkenSteel to Increase Prices on Seamless Mechanical Tubing
CANTON, Ohio, Nov. 21, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements, and effective for shipments beginning April 1, 2018. All surcharge mechanisms remain in effect.
Nov 16, 2017 08:14 pm ET
Second Tentative Agreement Between TimkenSteel, United Steelworkers Voted Down
CANTON, Ohio, Nov. 16, 2017 /PRNewswire/ -- TimkenSteel employees who are members of the United Steelworkers (USW) Local 1123 have failed to ratify a second tentative agreement between their bargaining representatives and the company.
Nov 10, 2017 06:45 pm ET
TimkenSteel Accepts American Legion National Large Employer of Veterans Award During Event Recognizing Company's Veteran Workforce
CANTON, Ohio, Nov. 10, 2017 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, www.timkensteel.com), a leader in customized alloy steel products and services, was honored to accept The American Legion Large Employer of Veterans Award at an annual company breakfast held this morning to recognize members of its workforce who are military veterans. The company is the leading employer of veterans in Stark County and one of the leading employers in Ohio, with more than 13 percent of its workforce having served in the military.
Nov 10, 2017 04:31 pm ET
TimkenSteel, United Steelworkers Reach Second Tentative Agreement for New Four-Year Contract
CANTON, Ohio, Nov. 10, 2017 /PRNewswire/ -- TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a second tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement.
Nov 02, 2017 08:34 pm ET
TimkenSteel Brings New Quench-and-Temper Facility Online; Increases Annual Heat-Treat Capacity by 50,000 Tons
CANTON, Ohio, Nov. 2, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, has brought its newest thermal-treatment asset, the advanced quench-and-temper facility, online and has begun processing customer orders. The addition of the $40 million facility, located at the company's Gambrinus Steel Plant in Canton, Ohio, increases TimkenSteel's existing quench-and-temper capacity by 50,000 tons or 45 percent and brings the company's total annual thermal-treatment capacity to 500,000 process tons.
Oct 26, 2017 05:15 pm ET
TimkenSteel Announces Third-Quarter 2017 Earnings; Shows Significant Year-Over-Year Improvement
CANTON, Ohio, Oct. 26, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com), a leader in customized alloy steel products and services, today reported third-quarter net sales of $339.1 million, compared with net sales of $213.8 million in the same quarter last year and $339.3 million in the second quarter of 2017. The company reported a net loss of $5.9 million or minus $0.13 per share for the third quarter of 2017, compared with a net loss of $22.2 million or minus $0.50 per share in the same quarter last year, and net income of $1.3 million or $0.03 per diluted share in the secon
Oct 23, 2017 09:59 pm ET
TimkenSteel Introduces New Endurance Steels: Clean Technology Focused on Making Gears Last Longer, Perform Better
CANTON, Ohio, Oct. 23, 2017 /PRNewswire/ -- For 100 years, TimkenSteel (NYSE: TMST, www.timkensteel.com) has created some of the cleanest and best-performing special bar quality (SBQ) steel in the industry. Today, the company offers customers more than 500 grades, including its new Endurance product line, which is being introduced at this week's Gear Expo in Columbus, Ohio.
Oct 20, 2017 09:16 pm ET
Tentative Agreement Between TimkenSteel, United Steelworkers Voted Down
CANTON, Ohio, Oct. 20, 2017 /PRNewswire/ -- TimkenSteel employees who are members of the United Steelworkers (USW) Local 1123 have failed to ratify a tentative agreement between their bargaining representatives and the company.
Oct 04, 2017 11:41 am ET
TimkenSteel to Announce Third-Quarter 2017 Financial Results on October 26
CANTON, Ohio, Oct. 4, 2017 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2017 third-quarter financial results on Thursday, Oct. 26, after the market closes on the New York Stock Exchange.
Oct 03, 2017 03:15 pm ET
TimkenSteel, United Steelworkers Reach Tentative Agreement for New Four-Year Contract
CANTON, Ohio, Oct. 3, 2017 /PRNewswire/ -- TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a tentative agreement for a new four-year contract and, in the coming week, will finalize documentation of a formal agreement for presentation and ratification by the represented workforce. The date of the vote will be set and announced by the union.
Jul 31, 2017 05:15 pm ET
TimkenSteel Announces Second-Quarter 2017 Results
CANTON, Ohio, July 31, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com), a leader in customized alloy steel products and services, today reported second-quarter net sales of $339.3 million and net income of $1.3 million or $0.03 per diluted share. This compares with net sales of $223.1 million and a net loss of $6.6 million or minus $0.15 per share in the same quarter last year, and net sales of $309.4 million and a net loss of $5.3 million or minus $0.12 per share in the first quarter of 2017.
Jul 11, 2017 06:59 pm ET
TimkenSteel to Announce Second-Quarter 2017 Financial Results on August 1
CANTON, Ohio, July 11, 2017 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2017 second-quarter financial results on Monday, July 31, after the market closes on the New York Stock Exchange.
Apr 27, 2017 05:33 pm ET
TimkenSteel Announces First-Quarter 2017 Results; Shipments Increase with Growing Demand
CANTON, Ohio, April 27, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $309.4 million and a net loss of $5.3 million or minus 12 cents per share. This compares with net sales of $217.9 million and a net loss of $9.7 million or minus 22 cents per share in the same quarter last year, and net sales of $214.7 million and a net loss of $67.0 million or minus $1.52 per share in the fourth quarter of 2016. As noted previously, fourth-quarter 2016 results included $59.3 million
Apr 13, 2017 08:56 pm ET
TimkenSteel Corporation Announces Preliminary Results for First-Quarter 2017
CANTON, Ohio, April 13, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com), a leader in customized alloy steel products and services, today reported that it expects first-quarter net sales of approximately $309 million on 280,000 ship tons and a net loss of approximately $5 million, as compared with fourth-quarter 2016 net sales of $215 million and a net loss of $67 million. The company expects EBITDA for the quarter to be approximately $17 million, which is lower than its original guidance. TimkenSteel will release full financial results for the first quarter on Thursday, Apri
Apr 12, 2017 03:07 pm ET
TimkenSteel Receives API-5CT Certification to Better Serve Customers in Oil and Gas Industry
CANTON, Ohio, April 12, 2017 /PRNewswire/ -- TimkenSteel has added another quality certification to its list of credentials, receiving its American Petroleum Institute (API) Q1 certification in March. In addition, API has granted the company a license to apply the API 5CT monogram / number on TimkenSteel's alloyed seamless mechanical tubing products that fully comply with the specification requirements defined in API 5CT.
Apr 04, 2017 06:00 pm ET
TimkenSteel to Announce First-Quarter 2017 Financial Results on April 27
CANTON, Ohio, April 4, 2017 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2017 first-quarter financial results on Thursday, April 27, after the market closes on the New York Stock Exchange.
Feb 16, 2017 04:41 pm ET
TimkenSteel Announces Fourth-Quarter and Full-Year 2016 Results
CANTON, Ohio, Feb. 16, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported fourth-quarter net sales of $214.7 million and a net loss of $67.0 million or minus $1.52 per share. This compares with net sales of $206.6 million and a net loss of $13.8 million or minus 31 cents per share in the same quarter last year, and net sales of $213.8 million and a net loss of $22.2 million or minus 50 cents per share in the third quarter of 2016. For the full year, net sales were $869.5 million and net loss was $105.5
Jan 12, 2017 05:27 pm ET
TimkenSteel Adopts Mark-to-Market Reporting of Pension and OPEB Plans
CANTON, Ohio, Jan. 12, 2017 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com), a leader in custom steel and alloy steel products and services, announced today that it is changing to the mark-to-market method of accounting for pension and other post-employment benefit (OPEB) plans. This method recognizes actuarial gains or losses in the year incurred rather than amortizing them over future years. The net impact of this change is estimated to decrease the company's 2016 operating results by approximately $25 million to $35 million (after-tax), with full-year net loss now project
Nov 22, 2016 01:04 pm ET
TimkenSteel to Present at Cowen Energy & Natural Resources Conference
CANTON, Ohio, Nov. 22, 2016 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, timkensteel.com) will present at the Cowen Energy & Natural Resources Conference on Tuesday, Dec. 6 at approximately 11:25 a.m. EST in New York.
Oct 27, 2016 05:10 pm ET
TimkenSteel Announces Third-Quarter 2016 Results
CANTON, Ohio, Oct. 27, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported third-quarter net sales of $213.8 million and a net loss of $16.6 million (or minus 38 cents per share), including after-tax pension settlement expense of $3.4 million. This compares with net sales of $232.7 million and a net loss of $30.8 million (or minus 69 cents per share) in the same quarter last year and net sales of $223.1 million and a net loss of $10.5 million (or minus 24 cents per share) for the second quarter of 2016. Cas
Sep 29, 2016 05:20 pm ET
TimkenSteel to Announce Third-Quarter 2016 Financial Results on Oct. 27
CANTON, Ohio, Sept. 29, 2016 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com), will release its 2016 third-quarter financial results on Thursday, Oct. 27, 2016, after the market closes on the New York Stock Exchange.
Jul 27, 2016 05:20 pm ET
TimkenSteel Announces Second-Quarter 2016 Results
CANTON, Ohio, July 27, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported second-quarter net sales of $223.1 million and a net loss of $10.5 million or minus 24 cents per share. This compares with a net loss of $24.3 million or minus 54 cents per share in the same quarter last year.
Jun 30, 2016 05:20 pm ET
TimkenSteel to Announce Second-Quarter 2016 Financial Results on July 28
CANTON, Ohio, June 30, 2016 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2016 second-quarter financial results on Thursday, July 28, 2016, after the market closes on the New York Stock Exchange.
May 24, 2016 09:30 pm ET
TimkenSteel Prices Offering of Convertible Senior Notes
CANTON, Ohio, May 24, 2016 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST) today announced the pricing of its previously announced registered public offering of $75.0 million aggregate principal amount (or up to an aggregate of $86.25 million aggregate principal amount if the underwriters of the notes offering exercise their over-allotment option in full) of its 6.00% Convertible Senior Notes due 2021.
May 24, 2016 05:01 pm ET
TimkenSteel Announces Proposed Offering of Convertible Senior Notes
CANTON, Ohio, May 24, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST) today announced that it intends to offer and sell, subject to market and other conditions, $75.0 million aggregate principal amount (or up to an aggregate of $86.25 million aggregate principal amount if the underwriters of such offering exercise their over-allotment option in full) of its Convertible Senior Notes due 2021 in a registered public offering.
Apr 28, 2016 01:00 pm ET
TimkenSteel Announces First-Quarter 2016 Results
CANTON, Ohio, April 28, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $217.9 million and a net loss of $13.6 million or minus 31 cents per share. This compares with net income of $6.9 million or 15 cents per share in the same quarter last year.
Apr 07, 2016 05:20 pm ET
TimkenSteel to Announce First-Quarter 2016 Financial Results on April 28
CANTON, Ohio, April 7, 2016 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST, timkensteel.com) will release its 2016 first-quarter financial results on Thursday, April 28, 2016, after the market closes on the New York Stock Exchange.
Feb 18, 2016 08:55 am ET
TimkenSteel Develops New Manufacturing Process for High-Pressure Tubing
CANTON, Ohio, Feb. 18, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced that it has developed a new process to manufacture high-pressure tubing (HPT) for use in the production of low-density polyethylene (LDPE).
Jan 28, 2016 04:25 pm ET
TimkenSteel Announces Fourth-Quarter 2015 Results; Performance Improving in Challenging Market
CANTON, Ohio, Jan. 28, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported fourth-quarter net sales of $206.6 million and a net loss of $25.5 million or minus 58 cents per share. This compares with net income of $16.4 million or 36 cents per share in the same quarter of the prior year.
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