24
Feb
20:54
TimkenSteel remains in the red through Q4
US speciality long steel producer TimkenSteel remains in the red through the fourth quarter of 2022, following a net loss in the previous quarter. These latest losses follow the company's extremely strong performance during the first half of the year, in which the company achieved record-high profitability.
TimkenSteel incurred a net loss of $33.2 million on sales of $245.4m in the fourth quarter, after losing $13.3m on sales of $316.8m in Q3 following an expl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous