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6 months ago
BRIEF-TimkenSteel adopts mark-to-market reporting of pension, OPEB plans
January 12, 2017 / 10:46 PM / 6 months ago

BRIEF-TimkenSteel adopts mark-to-market reporting of pension, OPEB plans

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Jan 12 (Reuters) - TimkenSteel Corp

* TimkenSteel adopts mark-to-market reporting of pension and OPEB plans

* TimkenSteel says net impact of change to adopt pension and OPEB plans estimated to decrease 2016 operating results by about $25 mln to $35 mln

* TimkenSteel says majority of net impact from the new adoption will be recognized in fourth-quarter with remainder during first nine months of 2016 Source text for Eikon: Further company coverage:

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