TimkenSteel Corporation is a global company that engineers, manufactures and markets high-performance steel, bearings and related mechanical power transmission components and services. The Company manufactures alloy steel, as well as carbon and micro-alloy steel, with an annual melt capacity of approximately two million tons. Its portfolio includes SBQ bars, seamless mechanical tubing and precision steel components. In addition, it supply machining and thermal treatment services, as well as manages raw material recycling programs, which are done as a feeder system for its operations. The Company operates in two segments: Industrial and Mobile, and Energy and Distribution. In July 2014, Timken Co completed the spinoff of TimkenSteel Corporation.