- Fourth-quarter net sales increased 19 percent year over year with improved product mix, higher prices and increased volume
- Company positioned to deliver earnings growth in 2019 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. For full-year 2018, net sales were $1.6 billion with a net loss of  $32 million. In comparison, full-year 2017 net sales were $1.3 billion with a net loss of $44 million. Adjusted EBITDA (1) for full-year 2018 was $105 million, compared with $69 million in the prior year.  The year-over-year increase in adjusted EBITDA was driven...

The TimkenSteel Charitable Fund has awarded seven new TimkenSteel scholars with $145,000 in scholarship funds. The high school seniors, all children of TimkenSteel Corporation employees, will use the funds for the academic pursuit of their choice at any accredited university. They participated in a competitive application process which was open to employees' children around the world and based upon academic and extracurricular achievement. "We have some of the most knowledgeable people in the industry working at TimkenSteel, and many have smart kids with tremendous potential. TimkenSteel scholarships fuel their dreams and, for the top award winners, may even open new educational possibilities," said Elaine Russell Reolfi, executive vice president at TimkenSteel and president of the company's charitable fund. She and other company leaders travelled to the winners' high schools to present the scholarships.  "These four young women and three young men who make up the 2018 class of...

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. The company will host a conference call at 9 a.m. ET on Friday, Oct. 26 to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at investors.timkensteel.com . TimkenSteel Earnings Call Information: Conference Call Friday, Oct. 26 , 2018 9 a.m. ET Toll-free dial-in: 833-238-7951 International dial-in: 647-689-4199 Conference ID: 7083359 Conference Call Replay Replay dial-in available through Nov. 2, 2018 800-585-8367 or 416-621-4642 Replay passcode: 7083359 About TimkenSteel Corporation TimkenSteel (NYSE:TMST, timkensteel.com ) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The company reaches around the world...

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. "When people ask why TimkenSteel is a great place to work, most of us give the same answer: We're proud to work where a set of core values drives every decision and where our efforts help customers solve their most complex challenges," said Elaine Russell Reolfi, executive vice president of organizational advancement and corporate relations. "In the last four years, we've worked hard to align our policies, processes and people programs with the goal of becoming not just a good place to work, but the safest and best place to work. That takes a team effort across the company, and we're pleased to have our progress on that journey recognized by NorthCoast 99." NorthCoast 99 is in its 20th year of...