22
Dec
21:12
TimkenSteel announces $50m repurchasing program
Canton, Ohio-based speciality steel producer TimkenSteel has begun a share repurchasing program of up to $50 million, Kallanish learns.
Along with the repurchasing program, the company's board of directors has approved a capital expenditure budget of $40m for 2022.
"These actions reflect the board's and senior leadership's confidence in our ability to generate sustainable through-cycle profitability while maintaining a strong balance sheet and ca…
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Anonymous
Very good overview of the weekly steel market.
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