16
Nov
15:32
TimkenSteel cuts dividends to save cash
US specialty bar and tube producer TimkenSteel has suspended its dividend payments to shareholders due to on-going market turbulence, Kallanish learns from a company release.
TimkenSteel’s dividend payments will now be reviewed by the company’s board of directors. The company had previously paid dividends each quarter since its June 2014 spin-off from parent firm Timken.
“Our intention is to restore the dividend payment as soon as possible a…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous