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TimkenSteel in the News

06.20.18 TimkenSteel to Increase Prices on Seamless Mechanical Tubing Products
TimkenSteel (NYSE: TMST, timkensteel.com ), a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing (SMT) hot-rolled and single-thermal-treated products by $40 per ton, and on SMT quench-and-tempered products by $100 per ton. These increases are effective immediately with new orders received, and for all shipments beginning Oct. 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...
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04.26.18 TimkenSteel Announces First-Quarter 2018 Results; Expects Continued Improvement in Second Quarter
TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $380.8 million , compared with net sales of $309.4 million in the same quarter last year and $341.4 million in the fourth quarter of 2017. The company reported a net loss of $1.9 million or minus $0.04 per share for the first quarter of 2018, compared with a net loss of $5.3 million or minus $0.12 per share in the same quarter last year, and a net loss of $33.9 million or minus $0.76 per share in the fourth quarter of 2017. EBITDA (1) for the first quarter was $21.3 million including $3.7 million of non-recurring costs, compared with EBITDA (1) of $17.5 million in the same quarter last year, and adjusted EBITDA (1) of $8.2 million in the fourth quarter of 2017. "The year is off to a good start. We improved lead times, reduced past-due orders, won new business for differentiated products and realized improvements in our financial performance,"...
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03.29.18 TimkenSteel to Announce First-Quarter 2018 Financial Results on April 26
TimkenSteel Corp. (NYSE: TMST, timkensteel.com ) will release its 2018 first-quarter financial results on Thursday, April 26 , after the market closes on the New York Stock Exchange . The company will host a conference call at 9 a.m. ET on Friday, April 27 , 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, April 27, 2018 9 a.m. ET Toll-free dial-in: 866-393-4306 International dial-in: 734-385-2616 Conference ID: 5047779 Conference Call Replay Replay dial-in available through May 4, 2018 855-859-2056 or 404-537-3406 Replay passcode: 5047779 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...
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