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CANTON, Ohio, March 4, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, todayannounced it will increase prices on carbon and quench and temper alloy seamless mechanical tubing (SMT) products by $40 per ton. These increases are effective for all shipments beginning July 5, 2021. All surcharge mechanisms remain in effect. About TimkenSteel CorporationTimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of making high-qualitysteel primarily from recycled materials for more than 100 years, TimkenSteel's proven expertise contributes to the performance of our customers' products. The companyemploys approximately 2,000 people and had sales of $831 million in 2020. For more information, please visit us atwww.timkensteel.com. SOURCE TimkenSteel Corp. Related Links http://www.timkensteel.com

Answer: TimkenSteel to Increase Prices on Seamless Mechanical Tubing Products