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TimkenSteel in the News

07.17.17 TimkenSteel Names Leaders for Commercial, Manufacturing Operations
CANTON, Ohio: July 17,  2017 — TimkenSteel (NYSE: TMST) ( ), a leader in customized alloy steel products and services, today announced leadership changes in commercial and manufacturing operations. Shawn Seanor, executive vice president of sales and business development, has announced his retirement. Tom Moline is assuming the role of executive vice president of commercial operations. Bill Bryan has been named executive vice president of manufacturing and supply chain. “I speak for the entire organization in thanking Shawn for his contributions over 33 years of distinguished service. Shawn has helped strengthen our leadership in niche markets that value our clean steel and has built strong personal and technical relationships with our customers,” said Tim Timken, chairman, CEO and president. “Tom and Bill worked closely with Shawn over the last year in developing a broader growth strategy for the company. These leadership changes will further fuel the execution of...
07.11.17 TimkenSteel to Announce Second-Quarter 2017 Financial Results on August 1
TimkenSteel Corp. (NYSE: TMST, ) will release its 2017 second-quarter financial results on Monday, July 31 , after the market closes on the New York Stock Exchange . The company will host a conference call at 9 a.m. EDT on Tuesday, Aug. 1 , to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at . TimkenSteel Earnings Call Information:
Tuesday, Aug. 1, 2017 9 a.m. EDT Conference Call Toll-free dial-in: 877-201-0168
International dial-in: 647-788-4901 Conference ID: 49209169
Replay dial-in available through Aug. 8, 2017 Conference Call Replay 800-585-8367 or 416-621-4642 Replay passcode: 49209169 About TimkenSteel Corporation TimkenSteel (NYSE:TMST, ) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The...
04.27.17 TimkenSteel Announces First-Quarter 2017 Results; Shipments Increase with Growing Demand
TimkenSteel (NYSE: TMST) (, a leader in customized alloy steel products and services, today reported first-quarter net sales of $309 .4 million and a net loss of $5.3 million or minus 12 cents per share.  This compares with net sales of $217.9 million and a net loss of $9.7 million or minus 22 cents per share in the same quarter last year, and net sales of $214.7 million and a net loss of $67.0 million or minus $1.52 per share in the fourth quarter of 2016. As noted previously, fourth-quarter 2016 results included $59.3 million in expense from mark-to-market accounting for pension and other post-employment benefit plans. EBITDA (1) for the first quarter was $17.5 million , compared with EBITDA (1) of $4.6 million in the same quarter last year and adjusted EBITDA (1) of $1.4 million in the fourth quarter 2016.  The improvement was driven primarily by the favorable timing impact from raw material spread, focused execution of cost reduction tactics and additional volume....