TimkenSteel Corporation Announces Resignation of Terry L. Dunlap as Director, Effective December 31, 2021
December 21, 2021 at 02:47 am IST
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TimkenSteel Corporation announced that on December 17, 2021,Terry L. Dunlap notified the Board of Directors of his intention to resign as a director, effective December 31, 2021. Mr. Dunlap further notified the Board that his decision to resign was for personal reasons and not due to any disagreement with the Company.
Metallus Inc., formerly TimkenSteel Corporation, manufactures alloy steel, as well as carbon and micro-alloy steel using electric arc furnace (EAF) technology. The Company's portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing (tubes), manufactured components, such as precision steel components, and billets. The Company manages raw material recycling programs, which are used internally as a feeder system for its melt operations and allow it to sell scrap not used in its operations to third parties. The Company's products and solutions are used in a range of demanding applications in various market sectors, including automotive; oil and gas; industrial equipment; mining; construction; rail; defense; heavy truck; agriculture, and power generation. Its production of manufactured components takes place at two downstream manufacturing facilities: Tryon Peak (Columbus, North Carolina) and St. Clair (Eaton, Ohio).