(NEW YORK)Moody's Investors Service on Friday cut its outlook for steel to "Negative" from "Stable" because of weakened economic conditions, declining demand, falling prices and the industry...READ MORE
(NEW YORK)Steel prices may fall next year because of weakening demand and lower iron ore and coking coal costs, an analyst warned Monday. Goldman Sachs analyst Sal Tharani said a stronger do...READ MORE
(CANTON, Ohio)A struggling U.S. economy hasn't stopped Timken Co. from opening its new $60 million mill to make thin steel bars. The mill, part of Timken's Harrison Steel Plant in Canton, opened...READ MORE
(CANTON, Ohio)Timken Co., a supplier of friction management and power transmission products, said Friday its board declared a regular quarterly dividend of 18 cents.READ MORE
(NEW YORK)Shares of Timken Co., which makes specialty steels and tapered roller bearings, plummeted to seven-year low Friday after it slashed its fourth-quarter profit guidance.READ MORE
(NEW YORK)Shares of steel producers were mostly lower Friday as the broader market followed global stocks lower and automakers on both sides of the Atlantic disclosed fresh woes.READ MORE
Among the earnings stories for Friday, Oct. 24, from AP Financial News: CANTON, Ohio (AP)--Specialty alloy maker Timken Co. said Friday its third-quarter profit more than tripled, ...READ MORE