07
May
16:16
TimkenSteel nets first-quarter profit
US specialty steel producer TimkenSteel returned to the green in the first quarter, Kallanish learns.
TimkenSteel earned $9.8 million on sales of $273.6m in Q1, up from a loss of $19.9m on sales of $259.7m in Q1 2020.
“In March, we completed the transition of our melt and casting activities to a single location at our Faircrest [Ohio] facility. This well-coordinated effort, supported by our employees, customers and suppliers, is a significant st…
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Anonymous
Very good overview of the weekly steel market.
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