The Timken Co., Canton, Ohio, reports that in 2010, it recycled 1.6 million tons of ferrous scrap into steel. Timken steel is made from nearly 100 percent recycled content, the company says, which ...
TimkenSteel Corporation (TMST) has significantly underperformed its competitors in the steel industry since its spin-off from The Timken Company. TMST operates in a highly competitive industry with a ...
Ohio-based electric arc furnace (EAF) operator TimkenSteel Corp. has joined the Steel Manufacturers Association (SMA), according to an announcement from that Washington-based group. “We believe SMA ...
TimkenSteel's pre-2021 losses were due to it operating below its breakeven level. It has changed its cost structure to bring down the breakeven level to below its shipment tonnage. But its past 2 ...
TimkenSteel Corporation TMST recorded a loss of $33.2 million or 75 cents per share in fourth-quarter 2022, against a profit of $57.1 million or $1.07 in the year-ago quarter. Barring one-time items, ...
* Shares rise 6.2 pct after market (Adds details on new companies' management, background) Sign up here. Sept 5 (Reuters) - Timken Co said its board approved a plan proposed by an activist investor to ...
TimkenSteel (TMST) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $1.29 per share a year ago. These figures ...
today announced that it sent a letter to its shareholders, urging them to support the Company's proven strategy to create shareholder value and vote AGAINST Proxy ...
The division of Timken, a family-controlled company, into separate companies making bearings and steel has brought anxiety to its Ohio hometown. By Nelson D. Schwartz A tale of how activist capitalism ...
CANTON, Ohio (AP) — Timken Co. said Monday it has formed a strategy committee to consider separation of steel business from its bearings businesses. The committee is made up Joseph Ralston, who will ...
Timken Co. (TKR) spun off its steel unit to debut as a new publicly traded company called TimkenSteel Corp. ($TMST) when the market opened on Tuesday, July 1st. After ...