TimkenSteel Corporation

TimkenSteel Corporation

TMST
TimkenSteel CorporationUS flagNew York Stock Exchange
20.40
USD
+0.21
- -
895.35MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Michael S. Williams
Full Time Employees
1,700
Sector
Basic Materials
Industry
Steel
Address
1835 Dueber Avenue SW Canton OH United States of America 44706
IPO Date
Jun 19, 2014
Business
TimkenSteel Corporation (NYSE: TMST), now operating as Metallus Inc., manufactures high-performance carbon and alloy steel products from recycled scrap metal, specializing in special bar quality (SBQ) steel bars up to 16 inches in diameter, seamless mechanical tubing (SMT), forged products, precision-cut steel components, ring gear machining, and custom-engineered steel solutions across over 500 grades with multiple thermal treatment options; the company also provides supply chain management, program management, and full order lifecycle support services. Founded in 2014 as a spin-off from The Timken Company and headquartered in Canton, Ohio, with production facilities across the United States and Mexico, TimkenSteel serves demanding applications in industrial markets including off-highway, rail, marine, mining, and heavy machinery; automotive sectors for light vehicles, medium- and heavy-duty trucks, electric vehicles, and motorsports power transfer components; aerospace and defense for munitions, aircraft, and ground vehicles supplied to the U.S. Department of Defense and U.S. Air Force Research Lab; and energy markets encompassing onshore/offshore drilling and renewable energy research. In January 2024, the company announced its rebranding to Metallus Inc., effective February 27, 2024, with a new ticker symbol (NYSE: MTUS) to reflect its evolution and commitment to profitable growth in high-performance metals while honoring its century-long steelmaking legacy; in February 2024, Metallus entered a U.S. Army agreement for up to $99 million in funding to expand munitions production capabilities and reduce carbon footprint; and in August 2024, it received $3.5 million in Ohio state grants supporting a $100 million facility investment to enhance defense sector service and operational efficiency.

Company News

APIChat
  • TimkenSteel Announces Fourth-Quarter and Full-Year 2023 Earnings Webcast Details

  • TimkenSteel Announces Intent to Change Name to Metallus Inc.

  • Worlds Forges Innovation Partnership with TimkenSteel to Redefine Steel Manufacturing Using Real-World AI

  • TimkenSteel (TMST) Earnings Miss Estimates in Q3, Revenues Beat

  • TimkenSteel Corporation's (TMST) Q3 2023 Earnings Call Transcript

  • TimkenSteel Announces Third-Quarter 2023 Results

  • TimkenSteel (TMST) Reports Next Week: Wall Street Expects Earnings Growth

  • TimkenSteel: Why I Am Not A Buyer

  • TimkenSteel Announces Third-Quarter 2023 Earnings Webcast Details

  • Is Timken Steel (TMST) Stock Undervalued Right Now?

  • TimkenSteel (TMST) Earnings Top Estimates in Q2, Revenues Miss

  • TimkenSteel Corporation (TMST) Q2 2023 Earnings Call Transcript

  • TimkenSteel (TMST) Q2 Earnings Surpass Estimates

  • TimkenSteel Announces Second-Quarter 2023 Results

  • TimkenSteel Announces the Election of Jamy P. Rankin to TimkenSteel's Board of Directors

  • Here Is Why Bargain Hunters Would Love Fast-paced Mover TimkenSteel (TMST)

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  • TimkenSteel Announces Second-Quarter 2023 Earnings Webcast Details

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  • TimkenSteel Corporation - Looks Like A Buy Despite Recent Run-Up