{"id":414452,"date":"2021-01-13T16:18:14","date_gmt":"2021-01-13T21:18:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414452"},"modified":"2021-01-13T16:18:14","modified_gmt":"2021-01-13T21:18:14","slug":"timkensteel-to-increase-prices-on-special-bar-quality-products-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-to-increase-prices-on-special-bar-quality-products-2\/","title":{"rendered":"TimkenSteel to Increase Prices on Special Bar Quality Products"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CANTON, Ohio<\/span>, <span class=\"xn-chron\">Jan. 13, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today\u00a0announced it will increase base pricing on all special bar quality (SBQ) products by <span class=\"xn-money\">$40<\/span> per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning <span class=\"xn-chron\">March 1, 2021<\/span>. All surcharge mechanisms remain in effect.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/490225\/TimkenSteel_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/490225\/TimkenSteel_Corporation_Logo.jpg\" title=\"TimkenSteel Corporation Logo. (PRNewsFoto\/TimkenSteel Corporation)\" alt=\"TimkenSteel Corporation Logo. (PRNewsFoto\/TimkenSteel Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>About TimkenSteel Corporation<br \/><\/b>TimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in <span class=\"xn-location\">Canton, OH<\/span> serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of making high-quality<b>\u00a0<\/b>steel primarily from recycled materials for more than 100 years, TimkenSteel&#8217;s proven expertise contributes to the performance of our customers&#8217; products. The company\u00a0employs approximately 2,055 people and had sales of <span class=\"xn-money\">$1.2<\/span> billion\u00a0in 2019. For more information, please visit us at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3036556-1&amp;h=1429096748&amp;u=http%3A%2F%2Fwww.timkensteel.com%2F&amp;a=www.timkensteel.com\" rel=\"nofollow noopener noreferrer\">www.timkensteel.com<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL47945&amp;sd=2021-01-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/timkensteel-to-increase-prices-on-special-bar-quality-products-301207798.html\">http:\/\/www.prnewswire.com\/news-releases\/timkensteel-to-increase-prices-on-special-bar-quality-products-301207798.html<\/a><\/p>\n<p>SOURCE  TimkenSteel Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL47945&amp;Transmission_Id=202101131615PR_NEWS_USPR_____CL47945&amp;DateId=20210113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CANTON, Ohio, Jan. 13, 2021 \/PRNewswire\/ &#8212;\u00a0TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today\u00a0announced it will increase base pricing on all special bar quality (SBQ) products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning March 1, 2021. All surcharge mechanisms remain in effect. About TimkenSteel CorporationTimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-to-increase-prices-on-special-bar-quality-products-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TimkenSteel to Increase Prices on Special Bar Quality Products&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414452","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TimkenSteel to Increase Prices on Special Bar Quality Products - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-to-increase-prices-on-special-bar-quality-products-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TimkenSteel to Increase Prices on Special Bar Quality Products - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CANTON, Ohio, Jan. 13, 2021 \/PRNewswire\/ &#8212;\u00a0TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today\u00a0announced it will increase base pricing on all special bar quality (SBQ) products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning March 1, 2021. All surcharge mechanisms remain in effect. About TimkenSteel CorporationTimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. 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