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We are realizing the benefits of our multi-year $500 million capital investment program.

We designed this plan to strengthen our ability to provide differentiated solutions for the energy, industrial and automotive markets and enhance our operational performance and customer service capabilities. More

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TimkenSteel in the News

08.06.20 TimkenSteel Announces Second-Quarter 2020 Results
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 significantly weaker demand. "Thanks to the exceptional efforts of the TimkenSteel team, I am encouraged that we were able to safely deliver positive EBITDA and cash flow for the quarter despite historic weak demand. We continue to prioritize the health and safety of our employees while focusing on the needs of our customers as we all navigate to a new normal," said Terry L. Dunlap, interim chief executive officer and president. "The organization...
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07.23.20 TimkenSteel to Announce Second-Quarter 2020 Financial Results on August 6
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. The company will host a conference call at 9 a.m. ET on Friday, August 7 to discuss its financial performance with investors and securities analysts. The financial results will be available online at investors.timkensteel.com . TimkenSteel earnings call information: Conference call Friday, August 7, 2020 9 a.m. ET Toll-free dial-in: 833-238-7951 International dial-in: 647-689-4199 Conference ID: 2995267 Conference call replay Replay dial-in available through August 14, 2020 800-585-8367 or 416-621-4642 Replay passcode: 2995267 About TimkenSteel Corporation TimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches...
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05.07.20 TimkenSteel Announces First-Quarter 2020 Results
- Strong operating cash flow of $63.8 million drove improvement in total available liquidity to $290 million as of March 31, 2020
- Company achieved first-quarter 2020 shipment, net income (loss) and EBITDA guidance
- Additional cost reduction actions taken in response to rapidly changing business environment
- Company remains operational as an essential business  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 significant sequential improvement from the fourth...
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