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TimkenSteel in the News

12.06.18 TimkenSteel Charitable Fund Awards $145,000 in New Scholarships to Employees' Children
The TimkenSteel Charitable Fund has awarded seven new TimkenSteel scholars with $145,000 in scholarship funds. The high school seniors, all children of TimkenSteel Corporation employees, will use the funds for the academic pursuit of their choice at any accredited university. They participated in a competitive application process which was open to employees' children around the world and based upon academic and extracurricular achievement. "We have some of the most knowledgeable people in the industry working at TimkenSteel, and many have smart kids with tremendous potential. TimkenSteel scholarships fuel their dreams and, for the top award winners, may even open new educational possibilities," said Elaine Russell Reolfi, executive vice president at TimkenSteel and president of the company's charitable fund. She and other company leaders travelled to the winners' high schools to present the scholarships.  "These four young women and three young men who make up the 2018 class of...
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10.25.18 TimkenSteel Announces Third-Quarter 2018 Results
- Delivers net income in-line with guidance; exceeds Adjusted EBITDA(1) expectations
- Third-quarter net sales increased 21 percent year over year with improved product mix
- Positioned to deliver continued earnings growth in 2019 TimkenSteel (NYSE: TMST, timkensteel.com ), a leader in customized alloy steel products and services, today reported third-quarter 2018 net sales of $409.9 million and net income of $1.4 million or $0.03 per diluted share. In the same quarter last year, net sales were $339.1 million with a net loss of $5.9 million or minus $0.13 per diluted share. Adjusted EBITDA (1) for the third quarter was $26.5 million, an increase of $7.7 million over the same quarter last year. "We continue to build on our position as a leader in special bar quality steel to deliver a richer mix of products, and the third quarter demonstrated good results in that regard. Operational performance remains focused on safety and improved delivery," said Tim Timken, chairman, CEO...
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10.01.18 TimkenSteel to Announce Third-Quarter 2018 Financial Results on October 25
TimkenSteel Corp. (NYSE: TMST, timkensteel.com ) will release its 2018 third-quarter financial results on Thursday, Oct. 25, after the market closes on the New York Stock Exchange. The company will host a conference call at 9 a.m. ET on Friday, Oct. 26 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, Oct. 26 , 2018 9 a.m. ET Toll-free dial-in: 833-238-7951 International dial-in: 647-689-4199 Conference ID: 7083359 Conference Call Replay Replay dial-in available through Nov. 2, 2018 800-585-8367 or 416-621-4642 Replay passcode: 7083359 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...
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