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TimkenSteel in the News

02.08.18 TimkenSteel to Increase Prices on Special Bar Quality Bar Products
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. 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 in its customers' products and leads North America in large alloy steel bars (up to 16 inches in diameter) and seamless mechanical tubing made of its special bar quality (SBQ) steel, as well as supply chain and steel services. TimkenSteel operates warehouses and sales offices in five countries and has made its steel in America for more...
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01.25.18 TimkenSteel Announces Fourth-Quarter and Full-Year 2017 Results; Expects Stronger 2018
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 quarter of 2017. Adjusted EBITDA (1) for the fourth quarter was $7.7 million , compared with adjusted EBITDA (1) of $1.5 million in the same quarter last year, and adjusted EBITDA (1) of $18.8 million in the third quarter of 2017. For the full year, net sales were $1.3 billion and net loss was $44.3 million or minus $1.00 per share. This compares with net sales of $869.5 million and a net loss of $105.5 million or minus $2.39 per share for...
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01.05.18 TimkenSteel Launches Practical Data for Metallurgists Cloud-based Application
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. "Our Practical Data for Metallurgists guide has served as an industry standard since its introduction in 1953," said Ray Fryan , vice president of quality and technology. "We know the guide gets a lot of use in the field, so now, we've created a user-friendly experience that makes referencing the guide quick, convenient and easy, in the palm of your hand, from your mobile device." The new application allows users to pull up the guide on their mobile phones or tablets and navigate to any section immediately, without flipping through pages of a book. Downloading the app involves only a few steps for Apple or Android users, and is accessible by visiting www.timkensteelpd.com from the mobile device's browser. The app takes up no space, and...
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