21
Feb
19:42
TimkenSteel sees further losses in 2020
Canton,Ohio-based specialty steel producer TimkenSteel has released its fourth quarter and full-year 2019 financial results, Kallanish reports. The company reported net sales for the year at $1.2 billion, which was a decrease of $402 million from net sales of $1.6 billion in 2018. This amounts to a -25% decrease in net sales from the prior year. The company also reported a net loss of $110m in 2019, compared to a $10m net loss in 2018.
In addition to company …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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