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TimkenSteel posts loss, cites Faircrest plant shutdown after explosion

TimkenSteel reported a third quarter loss and lower revenue. The company cited problems following a July 26 explosion that caused an employee s death. ....

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TimkenSteel melt operations stalled by repairs, investigation

TimkenSteel operations have been hampered following a July 27 accident that damaged its melt shop. The company reported a second quarter profit. ....

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TimkenSteel 2021 sales top $1 billion, post $171 million profit

TimkenSteel reported a profit on improved sales during 2021. Customer demand remains strong for coming year. ....

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TimkenSteel posts healthy 3rd quarter thanks to strong steel demand

TimkenSteel reports strong third quarter thanks to healthy demand for steel. ....

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TimkenSteel to cut 100 jobs, move work to Faircrest from Harrison

CANTON TimkenSteel will idle its melt and cast operations at the Harrison Steel Mill in a move that could affect about 100 jobs.
Company directors announced the decision, which was made last week, Tuesday morning. According to a filing by the company with the Securities and Exchange Commission, the mill will be idled by the end of March.
Plans are for all steel melting and casting activities to move to the Faircrest Steel Mill, which has seen upgrades in recent years. Finishing operations and rolling mills in the Harrison plant will continue operating.
TimkenSteel currently is reviewing operations at Harrison to determine potential use for the melt and casting equipment, according to information the company filed with the SEC. ....

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