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TimkenSteel in the News

08.21.18 TimkenSteel Named One of Best Places to Work; Also Receives NorthCoast 99 Award for Compensation Plan
TimkenSteel Corporation (NYSE: TMST, ), a leader in customized alloy steel products and services, has been named by the Employer's Resource Council (ERC) as one of the Top 99 workplaces in Northeast Ohio, and also received this year's special award in the Compensation category. "When people ask why TimkenSteel is a great place to work, most of us give the same answer: We're proud to work where a set of core values drives every decision and where our efforts help customers solve their most complex challenges," said Elaine Russell Reolfi, executive vice president of organizational advancement and corporate relations. "In the last four years, we've worked hard to align our policies, processes and people programs with the goal of becoming not just a good place to work, but the safest and best place to work. That takes a team effort across the company, and we're pleased to have our progress on that journey recognized by NorthCoast 99." NorthCoast 99 is in its 20th year of...
08.09.18 TimkenSteel Board of Directors Appoints Marvin Riley as Additional Independent Director
The board of directors of TimkenSteel Corporation (NYSE: TMST, ), appointed Marvin Riley, chief operating officer of EnPro Industries, as a new independent director. Eleven directors now serve on the TimkenSteel board. "Marvin has been a leader in the automotive, energy and industrial industries and brings to the board valuable manufacturing and supply-chain insights," said Tim Timken, chairman, CEO and president of TimkenSteel. "In his current role, he's responsible for overseeing the manufacture of products critical to customer systems and equipment in more than 40 industries. His varied experience complements TimkenSteel's business well and adds further depth and breadth to our board." Prior to serving in his current role as COO at EnPro, Riley served in various other leadership positions, including president of its Fairbanks Morse division, focused on marine engines and power generation; vice president of the company's manufacturing function; vice president of...
08.01.18 TimkenSteel to Increase Prices on Special Bar Quality Products
TimkenSteel (NYSE: TMST, ), a leader in customized alloy steel products and services, today announced it will increase prices on special bar quality (SBQ) bar products by $50 per ton. This increase is for orders not already covered by agreements, and effective with shipments beginning Sept. 3, 2018. All surcharge mechanisms remain in effect. 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 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 five countries and has made its steel in America for more than 100 years. The company posted sales...