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25 Feb
21:09

TimkenSteel's full-year earnings turn positive

Ohio-based US speciality steel producer TimkenSteel's full-year earnings turned positive in 2021 following a loss in the prior year, Kallanish learns from the company's latest performance results. TimkenSteel's fourth quarter earnings of $61.9 million on sales of $338.3m drove the company's full-year earnings to $182.6m on sales of $1.3 billion. Overall, TimkenSteel's sales increased by 54% in 2021 from the prior year, while tons shipped increa…
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