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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

08.01.19 TimkenSteel Announces Second Quarter of 2019 Results
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. "Despite demand weakness in certain end markets, we continue to focus on expanding market share in our key markets while maintaining price and improving product mix," said Tim Timken, chairman, CEO and president. "During the quarter we continued to execute our profitability improvement plan which included cost reductions and restructuring in our technical and commercial organizations to further drive innovation and focus on our key growth areas such as value-added components, energy products and government business." SECOND...
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07.17.19 TimkenSteel to Announce Second-Quarter 2019 Financial Results on August 1
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. The company will host a conference call at 10 a.m. ET on Friday, August 2 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, August 2, 2019 10 a.m. ET Toll-free dial-in: 833-238-7951 International dial-in: 647-689-4199 Conference ID: 3678588 Conference call replay Replay dial-in available through August 9, 2019 800-585-8367 or 416-621-4642 Replay passcode: 3678588 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...
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05.02.19 TimkenSteel Announces First-Quarter 2019 Results
- Delivers net income and EBITDA in line with guidance.
- Continues to improve product mix and price, driving gross margin expansion.  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. "As anticipated, our performance strengthened in the first quarter, with continued expansion in gross margin and increased net income compared with the same quarter last year. We achieved these results by executing a strategy to sell a richer mix of products, improve price and deliver on time," said Tim Timken, chairman, CEO and president. "This commercial strategy combined with operational...
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