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Metallus Announces First-Quarter 2026 Results

Net sales of $308.3 million, up 10% compared to prior-year first quarter, and net income of $5.4 million Adjusted EBITDA of $24.6 million, an increase of 39% compared to prior-year first quarter Invested $24.7 million in strategic capital expenditures and $ 4.3 million to repurchase common shares Continued year ‑ over ‑ year growth in the order book underscores stronger demand First blooms successfully reheated and rolled on new bloom reheat furnace Cash and cash equivalen ts of $104.0 million with total liquidity (1) of $374.7 million as of March 31, 2026 CANTON, Ohio, May 4, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported first-quarter 2026 net sales of $308.3 million and net income of $5.4 million, or $0.13 per diluted share. On an adjusted basis(2), the first-quarter 2026 net income was $7.7 million, or $0.18 per diluted share, and adjusted EBITDA was $24.6 million.

Metallus Announces Fourth-Quarter and Full-Year 2025 Results

Delivered net sales of $1.2 billion in 2025, a 7% increase over 2024, driven by improved market demand Full-year operating cash flow of $16.0 million; ending cash and cash equivalents of $156.7 million Invested $109.0 million in capital expenditures to advance strategic and operational priorities, and deployed $22.2 million to repurchase common shares and settle convertible notes in 2025 Total liquidity(1) of $389.2 million at the end of 2025 Four-year USW labor agreement ratified on February 5, 2026 Operational optimization initiatives underway; bloom reheat furnace investment on track Order book up more than 50% year-over-year; expecting stronger start to 2026 Adjusted EBITDA expected to improve sequentially throughout 2026 compared with the same periods in 2025 CANTON, Ohio, Feb. 19, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported fourth-quarter 2025 net sales of $267.3 million and net loss of $14.3 million, or a loss of $0.34 per diluted share. On an adjusted basis(2), the fourth-quarter 2025 net loss was $7.7 million, or a loss of $0.18 per diluted share, and adjusted EBITDA was $2.4 million.

United Steelworkers (USW) Local 1123 Ratify Four-Year Contract with Metallus

CANTON, Ohio, Feb. 5, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, today announced that its employees who are members of United Steelworkers (USW) Local 1123 have voted in favor of a new four-year contract. "We are pleased to have reached a mutually beneficial contract that reflects the dedication of our workforce and the company.

Metallus and United Steelworkers (USW) Local 1123 Reach Four-Year Tentative Contract Agreement

CANTON, Ohio, Jan. 16, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, and the United Steelworkers (USW) Local 1123 have reached a new tentative agreement for a four-year contract after members rejected previous agreements on October 30 and December 18, 2025. The date of the next vote will be set and announced by the union.