Directors of The Timken Company agreed to initiate a spin-off of the group’s steelmaking division into a separate of the company, retaining the bearings and power transmission business and ...

Shares of Timken Steel (TMST) have been strong performers lately, with the stock up 20.2% over the past month. The stock hit a new 52-week high of $18.04 in the previous session. Timken Steel has ...

Timken Steel announced plans to build a $40 million advanced quinch-and-temper facility in Perry Township at its Gambrinus Steel Plant site. The company considered other states before getting ...

Steel that is not as pure may be more likely to crack because of the particles left in the metal, while purer steel can let a company use less of the product. TimkenSteel has been clean steel experts ...

Over the past 2 years, Timken Steel had taken steps to change its cost structure. The company recognized that its losses from 2015 to 2020 were due to it operating below its breakeven level. I ...

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 ...

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 ...

Timken Co. unveiled some details about the planned spinoff of its steel business in a filing with the Securities and Exchange Commission on Tuesday. The maker of specialty steel products said its ...

Timken Co. and its steel business will go separate ways in the next few days. The steel business now becomes a century-old start-up, while Timken Co, focuses on bearings and power transmission.

Have you been paying attention to shares of Timken Steel (TMST)? Shares have been on the move with the stock up 25.8% over the past month. The stock hit a new 52-week high of $17.73 in the ...