26
Oct
21:20
TimkenSteel finishes third quarter in red
US specialty steelmaker TimkenSteel cut its year-on-year losses in the third quarter, but still finished in the red, Kallanish reports.
The company lost $5.9 million on sales of $339.1m in Q3, up from a loss of $22.2m on sales of $213.8m in Q3 2016.
"With one of the fastest production ramps in company history complete and a new quench-and-temper facility running successful trials, the third quarter provides a solid foundation to capitalise on impro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous