TimkenSteel’s Sales Down 18.6% in 2Q
Manufacturer reports a loss of $4.4 million for the quarter.
Manufacturer reports a loss of $4.4 million for the quarter.
For the first nine months, sales were $133.9 billion, up 7.5% year-over-year.
Profit for the quarter was $477 million compared to a loss of $80 million in 2019.
Year-to-date, the goods and services deficit increased 7.9% from the same period in 2018.
The unemployment rate held at 3.7% in July.