29
Jan
17:08
TimkenSteel sees continued weakness in 2016
Specialty steelmaker TimkenSteel expects 2016 to be another choppy year for the industry, Kallanish learns from the company’s quarterly earnings outlook.
"While we continue to feel the impact from weak global commodity markets and high customer inventory levels, our cost reduction efforts and pace of new business from innovation reduced the losses we anticipated in the quarter," says ceo Tim Timken. "We expect 2016 to be another challenging …
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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