Final Thoughts
TimkenSteel Joins SMA
March 20, 2023
The Steel Manufacturers Association (SMA) announced that TimkenSteel has joined the Washington, D.C.-based steel association.
Additionally, SMA said Mike Williams, president and CEO of TimkenSteel, has joined SMA’s board of directors.
“We look forward to partnering with our fellow SMA member companies to pursue smart policy on trade and regulation while strengthening the American steel industry’s global leadership in sustainability and environmental justice,” Williams said in a statement on Monday.
TimkenSteel is a provider of specialty steel, including special bar quality steel and seamless mechanical tube products, manufactured components, and supply chain solutions.
The Canton, Ohio-based company has an annual melt capacity of 1.2 million tons and a ship capacity of 900,000 tons. It has steelmaking operations in Canton, manufacturing facilities in Eaton, Ohio, and Columbus, N.C., and a distribution center in Mexico.
SMA president Philip K. Bell welcomed TimkenSteel to the association, noting that the company “will add to the growing group of American steelmakers committed to innovation, a lower carbon future, and 21st century steelmaking.”
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Final Thoughts

Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.

Final Thoughts
Maybe some of this uncertainty will get ironed out ahead of Liberation Day tariffs resetting higher rates on July 9. But if I had to place a wager, it would be on more drama and last-minute brinksmanship - whether it comes to the Liberation Day tariffs or the various Section 232s that are in the works.

Final Thoughts
What should you keep your eye on, considering the latest geopolitical events?

Final Thoughts
Not many people in the North American steel market had direct US involvement in another Middle East conflict on their bingo card. Prices weren't expected to shoot higher unless something unexpected happened. That unexpected something has now happened. And there is talk of oil at $100 per barrel. What does that mean for steel?

Final Thoughts
Now that the USS/Nippon deal has been completed, what's next?