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Timkensteel Corporation  (TMST)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials
 

Timkensteel's Suppliers Performance

TMST's Supply Chain

 
TMST Costs vs Sales of Suppliers Growth Timkensteel's Suppliers recorded an increase in sales by 12.55 % year on year in Q3 2023, from the previous quarter, sales fell by -1.95 %, Timkensteel's cost of sales deteriorated by -2.63 % year on year, sequentially cost of sales grew by 0.33 % in Q3.

More on TMST Suppliers




Timkensteel's Suppliers recorded an increase in sales by 12.55 % year on year in Q3 2023, from the previous quarter, sales fell by -1.95 %, Timkensteel's cost of sales deteriorated by -2.63 % year on year, sequentially cost of sales grew by 0.33 % in Q3.

More on TMST Suppliers



  News about Timkensteel Corporation Contracts



Timkensteel's Comment on Supply Chain


The principal raw materials that we use to manufacture steel are recycled scrap metal, chrome, nickel, molybdenum oxide, vanadium and other alloy materials. Raw materials comprise a significant portion of the steelmaking cost structure and are subject to price and availability changes due to global demand fluctuations and local supply limitations. Proper selection and management of raw materials can have a significant impact on procurement cost, flexibility to supply changes, steelmaking energy costs and mill productivity. Because of our diverse order book and demanding steel requirements, we have developed differentiated expertise in this area and created a raw material management system that contributes to our competitive cost position and advantage.


In addition to accessing scrap and alloys through the open market, we have established a scrap return supply chain with many of our customers. We operate a scrap processing company for improved access, reliability and cost. Our raw material feeder system is designed to achieve high consistency, reliable chemistry and low variability from a number of our sources. We have extensive segregation points, chemistry monitoring, computerized modeling of variability and total systems optimization (inventory, operating practices, capacity impact, order book, procurement flexibility and strategy). Roughly 40% of our raw material sources are considered “highly controlled,” which gives us greater flexibility to substitute lower-cost scrap based on availability. Our raw material management process achieves competitive procurement at competitive costs. This part of our business solidly rests on a deep knowledge of the raw material supply industry and an extensive network of relationships that result in steady, reliable supply from our raw material sources.


Timkensteel's Comment on Supply Chain


The principal raw materials that we use to manufacture steel are recycled scrap metal, chrome, nickel, molybdenum oxide, vanadium and other alloy materials. Raw materials comprise a significant portion of the steelmaking cost structure and are subject to price and availability changes due to global demand fluctuations and local supply limitations. Proper selection and management of raw materials can have a significant impact on procurement cost, flexibility to supply changes, steelmaking energy costs and mill productivity. Because of our diverse order book and demanding steel requirements, we have developed differentiated expertise in this area and created a raw material management system that contributes to our competitive cost position and advantage.


In addition to accessing scrap and alloys through the open market, we have established a scrap return supply chain with many of our customers. We operate a scrap processing company for improved access, reliability and cost. Our raw material feeder system is designed to achieve high consistency, reliable chemistry and low variability from a number of our sources. We have extensive segregation points, chemistry monitoring, computerized modeling of variability and total systems optimization (inventory, operating practices, capacity impact, order book, procurement flexibility and strategy). Roughly 40% of our raw material sources are considered “highly controlled,” which gives us greater flexibility to substitute lower-cost scrap based on availability. Our raw material management process achieves competitive procurement at competitive costs. This part of our business solidly rests on a deep knowledge of the raw material supply industry and an extensive network of relationships that result in steady, reliable supply from our raw material sources.



TMST's Suppliers Net Income grew by TMST's Suppliers Net margin grew in Q3 to
26.78 % 11.94 %


Timkensteel Corporation's Suppliers Sales Growth in Q3 2023 by Industry

Suppliers from Chemical Manufacturing Industry -11.97 %   
Suppliers from Iron & Steel Industry      43.34 %
Suppliers from Metal Mining Industry -0.57 %   
Suppliers from Miscellaneous Fabricated Products Industry      14.69 %
Suppliers from Construction Raw Materials Industry      10.06 %
Suppliers from Miscellaneous Manufacturing Industry      25.41 %
Suppliers from Industrial Machinery and Components Industry -4.39 %   
Suppliers from Conglomerates Industry      2.92 %
Suppliers from Oil & Gas Integrated Operations Industry -4.16 %   
Suppliers from Investment Services Industry      4.45 %
Suppliers from Railroads Industry -11.37 %   
     
• TMST Suppliers Valuation • TMST Suppliers Mgmt. Effect.





TMST's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Timkensteel Corporation 992.00 1,332.40 34.90 2,600
Nucor Corporation 49,230.61 35,732.93 5,366.20 28,800
P10 Inc 922.91 235.80 -1.04 27,780
Cleveland cliffs Inc 11,629.83 21,996.00 450.00 5,386
Ati Inc 7,474.81 4,173.60 423.40 9,700
Sunoco Lp 6,444.56 23,068.00 824.00 22,500
Norfolk Southern Corporation 58,107.48 12,156.00 1,827.00 18,100
Intercontinental Exchange Inc 77,776.65 10,222.00 2,438.00 8,858
Flowserve Corp 6,014.57 4,319.83 205.19 16,250
Air Products And Chemicals Inc 54,011.28 12,600.00 2,338.60 21,900
Steel Dynamics Inc 24,841.97 18,794.88 2,467.33 10,640
Pentair Plc 14,151.07 4,104.20 622.70 11,250
Honeywell International Inc 137,187.60 36,662.00 5,672.00 99,000
Navios Maritime Holdings Inc 79.27 585.82 91.90 491
Medixall Group Inc 0.00 0.23 -8.25 1
Ceco Environmental Corp 0.00 323.92 1.98 0
Usd Partners Lp 3.21 77.98 0.59 1
Euroseas Ltd 245.69 182.69 106.24 6
Commercial Metals Company 6,918.06 8,489.44 427.22 8,388
Suncoke Energy Inc 915.77 2,063.20 63.50 907
Adamant Dri Processing And Minerals Group 7.12 0.00 -0.06 25
Applied Minerals Inc 0.03 0.60 -2.28 32
Dynaresource Inc 45.12 40.13 -3.83 99
Mesabi Trust 230.52 78.18 74.73 1
Mcewen Mining inc 469.09 166.23 33.18 293
Scandium International Mining Corp 0.00 0.00 -3.31 6
Texas Mineral Resources Corp 0.00 0.00 -2.25 3
Lsb Industries Inc 615.76 694.08 99.14 610
Martin Marietta Materials Inc 38,036.07 6,645.40 1,070.60 10,000
Barnes Group Inc 1,871.53 1,450.87 16.00 5,036
Schnitzer Steel Industries Inc 0.00 3,437.02 204.74 0
Reliance Inc 19,553.47 14,805.90 1,340.10 14,500
Ryerson Holding Corporation 1,120.00 5,284.10 96.60 3,000
SUBTOTAL 517,904.02 228,391.04 26,239.94 323,563


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