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27 Oct
21:44

TimkenSteel sees usual Q4 difficulty, opportunity ahead

US specialty longs and tube maker TimkenSteel sees a customarily tough fourth quarter ahead, but energy demand appears to be showing signs of life, Kallanish reports. "This downturn is one of the longest our energy and industrial markets have experienced, but indicators now are trending in a positive direction,” says ceo Tim Timken. “We've used this tough environment as an opportunity to further improve our cost structure and accelerate inno…
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