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

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TimkenSteel in the News

03.15.21 TimkenSteel to Increase Prices on Special Bar Quality Products
TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase base pricing on special bar quality (SBQ) products 3.500" and below by $55 per ton and $40 per ton for sizes above 3.500". This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning May 3, 2021. All surcharge mechanisms remain in effect. 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 in diameter), seamless mechanical tubing and precision components. In the business of making high-quality steel primarily from recycled materials for more than 100 years, TimkenSteel's proven expertise contributes to the performance of our customers' products. The...
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03.04.21 TimkenSteel to Increase Prices on Seamless Mechanical Tubing Products
TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced it will increase prices on carbon and quench and temper alloy seamless mechanical tubing (SMT) products by $40 per ton. These increases are effective for all shipments beginning July 5, 2021. All surcharge mechanisms remain in effect. 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 in diameter), seamless mechanical tubing and precision components. In the business of making high-quality steel primarily from recycled materials for more than 100 years, TimkenSteel's proven expertise contributes to the performance of our customers' products. The company employs approximately 2,000 people and had sales of $831 million in 2020. For more...
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02.25.21 TimkenSteel Announces Fourth-Quarter and Full-Year 2020 Results
- Record full-year operating cash flow of $173.5 million, including $52.5 million in the fourth quarter
- Record total liquidity(1) of $314.1 million at year-end
- Net sales of $211.2 million in the fourth quarter reflecting improving customer demand
- Fourth quarter net loss of $12.8 million with adjusted EBITDA(2) of $20.7 million in the quarter  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. "I'd like to thank the employees of TimkenSteel who worked tirelessly throughout 2020, under challenging conditions, to support our customers' needs while making significant progress on improving our...
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