TimkenSteel Corp. (NYSE: TMST), Canton, OH, reported sales for 2016 of $869.5 million, a 21.4 percent decrease over the previous year. The company reported a loss of $105.5 million for the year, compared to a loss of $45 million the prior year.
Sales for the fourth quarter were $214.7 million, up 3.9 percent year-over-year. The company reported a loss of $67 million for the quarter, compared to a loss of $13.8 million the prior year.
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