07
Aug
14:42
TimkenSteel losses continue in Q2
US specialty steel producer TimkenSteel saw its losses deepen on-year in the second quarter, Kallanish reports.
TimkenSteel posted a net loss of $15.3 million on sales of $154m during the quarter, down from a loss of $11.9m on sales of $336.7m in Q2 2019.
"The organisation continued to execute the profitability improvement and cash generation initiatives deployed earlier in the year while rapidly implementing a host of additional cost reduction a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous