UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-36313 TIMKENSTEEL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

TimkenSteel Corporation (TMST) Q1 2021 Earnings Conference Call May 7, 2021 9:00 AM ET Company Participants Jennifer Beeman - Senior Manager, Communications & Investor Relations Michael Williams - President & Chief Executive Officer Kristopher Westbrooks - Executive Vice President & Chief Financial Officer Conference Call Participants Seth Rosenfeld - Exane Philip Gibbs - KeyBanc Capital Markets Justin Bergner - G. Research Operator Good day, and thank you for standing by. Welcome to the TimkenSteel First Q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-36313 TIMKENSTEEL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 1835 Dueber Avenue SW, Canton, OH 44706 (Address of principal executive offices) (Zip Code) For the quarterly period ended March 31, ...

TimkenSteel Corporation (TMST) Q4 2020 Earnings Conference Call February 26, 2021 9:00 AM ET Company Participants Jennifer Beeman - Senior Manager, Communications & Investor Relations Michael Williams - President and Chief Executive Officer Kristopher Westbrooks - Executive Vice President and Chief Financial Officer Tom Moline - Executive Vice President, Commercial Operations Conference Call Participants Justin Bergner - G. Research Philip Gibbs - KeyBanc Capital Markets Operator Ladies and gentlemen, thank ...

Financial Performance - Net sales for the year ended December 31, 2020, were $830.7 million, a decrease of 31.2% from $1,208.8 million in 2019[231] - Gross profit for 2020 was $15.6 million, down from $22.6 million in 2019, indicating a significant decline in profitability[231] - The net loss for 2020 was $61.9 million, compared to a net loss of $110.0 million in 2019, showing an improvement in financial performance year-over-year[231] - Net income for the year ended December 31, 2020, was a loss of $61.9 million, an improvement from a loss of $110.0 million in 2019[233] - TimkenSteel reported net sales of $211.2 million for Q4 2020, a decrease from $226.9 million in Q4 2019, reflecting a year-over-year decline of approximately 6.3%[394] - The company experienced a net loss of $12.8 million in Q4 2020, compared to a net loss of $84.6 million in Q4 2019, indicating a significant improvement in financial performance[394] - Basic earnings per share for Q4 2020 were reported at $(0.28), an improvement from $(1.89) in Q4 2019[394] - TimkenSteel's total net income (loss) for the fiscal year 2020 was $(61.9) million, compared to $(130.0) million in fiscal year 2019, showing a reduction in losses[394] Cost Management - The company incurred restructuring charges of $3.1 million in 2020, down from $8.6 million in 2019[231] - The company’s selling, general and administrative expenses decreased to $76.7 million in 2020 from $91.8 million in 2019, reflecting cost management efforts[231] - Capital expenditures were reduced to $16.9 million in 2020 from $38.0 million in 2019, reflecting a more conservative investment approach[240] - The company recorded a gain on the sale of non-core property of $0.5 million for the year ended December 31, 2020[290] Assets and Liabilities - Total current assets decreased to $357.6 million in 2020 from $401.7 million in 2019, primarily due to a reduction in inventories[235] - Total liabilities decreased to $486.5 million in 2020 from $522.1 million in 2019, reflecting a reduction in non-current convertible notes[235] - Shareholders' equity decreased to $507.5 million in 2020 from $563.1 million in 2019, primarily due to retained deficit increasing to $363.4 million[235] - Long-lived assets in the United States decreased to $599.1 million in 2020 from $654.8 million in 2019[276] - The company had $78.2 million of aggregate debt outstanding as of December 31, 2020, with no variable interest rates, mitigating the impact of rising interest rates on interest expense[206] - Total debt as of December 31, 2020 was $78.2 million, significantly reduced from $168.6 million in 2019[319] Pension and Retirement Obligations - As of December 31, 2020, the company's aggregate defined benefit pension and other postretirement benefit obligation was $1,523.4 million, exceeding the fair value of plan assets of $1,313.9 million, resulting in an unfunded obligation of $209.5 million[218] - The benefit obligation for the pension plan increased to $1,395.1 million in 2020 from $1,311.4 million in 2019, reflecting an increase of approximately 6.4%[353] - The fair value of plan assets for the pension plan at the end of 2020 was $1,231.7 million, compared to $1,155.4 million at the end of 2019, an increase of approximately 6.6%[354] - The total net periodic benefit cost for pension plans in 2020 was $10.2 million, a decrease from $35.9 million in 2019[359] - The expected long-term return on plan assets for pension plans was 5.80% in 2020, down from 6.41% in 2019[359] Revenue and Market Performance - The mobile sector generated $346.0 million in revenue for 2020, down 27.8% from $479.3 million in 2019[277] - Total net sales from the industrial sector were $391.7 million in 2020, down 19.4% from $486.3 million in 2019[277] - Revenues from related-party sales to The Timken Company were $23.4 million, representing 2.8% of net sales for the year ended December 31, 2020[383] Operational Changes - The company completed the closure of its TimkenSteel Material Services facility in Houston, Texas, during the first quarter of 2020[243] - TimkenSteel plans to indefinitely idle its Harrison melt and cast assets, with an estimated non-cash charge of $8 million to $10 million related to the write-down of these assets in Q1 2021[389][390] - The company is transitioning all melting and casting activities to the Faircrest location, ensuring minimal impact on rolling and finishing operations at Harrison[389] Stock and Equity - TimkenSteel recognized stock-based compensation expense of $6.6 million, $7.4 million, and $7.3 million for the years ended December 31, 2020, 2019, and 2018, respectively[377] - As of December 31, 2020, approximately 2.2 million shares of TimkenSteel common stock remained available for grants under the TimkenSteel 2020 Plan[368] - The total number of time-based restricted stock units outstanding as of December 31, 2020, was 1,372,326, with a weighted average grant date fair value of $7.62[373] Compliance and Regulatory Matters - The company paid a civil penalty of $0.35 million related to environmental violations and committed to approximately $1.0 million in clean-air capital improvements[107] - The company deferred $6.4 million in cash payments for Social Security payroll taxes under the CARES Act, to be paid in two installments in 2021 and 2022[292] - The Employee Retention Credit accrued a benefit of $2.3 million in the fourth quarter of 2020[293]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-36313 TIMKENSTEEL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of i ...

TimkenSteel Corporation (TMST) Q2 2020 Earnings Conference Call August 7, 2020 9:00 AM ET Company Participants Jennifer Beeman – Senior Manager of Communications and Investor Relations Terry Dunlap – President and Interim Chief Executive Officer Kris Westbrooks – Executive Vice President and Chief Financial Officer Tom Moline – Executive Vice President of Commercial Conference Call Participants Seth Rosenfeld – Exane BNP Tyler Kenyon – Cowen Phil Gibbs – KeyBanc Capital Markets Operator Ladies and gentleme ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-36313 TIMKENSTEEL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

TimkenSteel Corporation (TMST) Q1 2020 Earnings Conference Call May 8, 2020 9:00 AM ET Company Participants Jennifer Beeman – Senior Manager of Communications and Investor Relations Terry Dunlap – Interim Chief Executive Officer and President Kris Westbrooks – EVP and Chief Financial Officer Tom Moline – EVP-Commercial Conference Call Participants Seth Rosenfeld – Exane BNP Tyler Kenyon – Cowen Justin Bergner – G. Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the TimkenSt ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-36313 TIMKENSTEEL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incor ...