TimkenSteel Sales Down 43.9% in 1Q - Modern Distribution Management

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TimkenSteel Sales Down 43.9% in 1Q

The company reported a loss of $13.6 million for the quarter.
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TimkenSteel Corp. (NYSE: TMST), Canton, OH, reported sales for the first quarter of $217.9 million, down 43.9 percent year-over-year. The company reported a loss of $13.6 million for the quarter, compared to a profit of $6.9 million the prior year.

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