TimkenSteel Corp (NYSE:TMST) Q2 2022 Earnings Conference Call August 5, 2022 9:00 AM ET

Company Participants

Jennifer Beeman - Director, Communications & IR

Mike Williams - CEO, President & Director

Kristopher Westbrooks - EVP & CFO

Kevin Raketich - Executive Vice President and Chief Commercial Officer

Conference Call Participants

Marco Rodriguez - Stonegate Capital Markets

Seth Rosenfeld - Exane BNP Paribas

Philip Gibbs - KeyBanc Capital Markets

Operator

Good morning, and welcome to the 2Q 2022 TimkenSteel Corporation Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you.

Jennifer Beeman, Director of Communication and Investor Relations. You may begin your conference.

Jennifer Beeman

Thank you, and good morning, and welcome to TimkenSteel's second quarter 2022 conference call. I'm Jennifer Beeman, Director of Communications and Investor Relations for TimkenSteel. Joining me today is Mike Williams, President and Chief Executive Officer; Kris Westbrooks, Executive Vice President and Chief Financial Officer; and Kevin Raketich, Executive Vice President and Chief Commercial Officer.

You all should have received a copy of our press release, which was issued last night. During today's conference call, we may make forward-looking statements as defined by the SEC. Our actual results may differ materially from those projected or implied due to a variety of factors, which we describe in greater detail in yesterday's release. Please refer to our SEC filings, including our most recent Form 10-K and Form 10-Q and the list of factors included in our earnings release, all of which are available on the TimkenSteel website.

Where non-GAAP financial information is referenced, additional details and reconciliations to its GAAP equivalent are also included in the earnings release.

With that, I'd like to turn the call over to Mike. Mike?

Mike Williams

Thank you, Jennifer, and I appreciate everyone joining us on the call today. Let me begin by saying that I am proud our team delivered strong results in a robust demand environment. I find our employees to be dedicated, flexible and resilient. Unfortunately that resiliency was tested last week. As many of you know, we experienced a safety incident at our Faircrest melt shop which resulted in the injury of three employees. Our thoughts are with the employees, their families, and co-workers who were impacted.

Safety in our industry is paramount. As you may recall, we kicked off several safety initiatives at the start of the year. During the second quarter, we began safety leadership training for all levels of our operational leaders. Our leadership is committed to taking tangible actions to improve our safety culture.