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Metallus and United Steelworkers (USW) Local 1123 Reach Four-Year Tentative Contract Agreement Metallus (NYSE: MTUS) and United Steelworkers Local 1123 reached a tentative four-year contract agreement on Jan 16, 2026 covering about 1,200 bargaining employees at Metallus' Canton, Ohio operations.The new tentative deal follows member rejections of prior proposals on Oct 30 and Dec 18, 2025. The union will set the date for the next ratification vote. To allow time for member communication, the existing labor contract was extended 14 days until Feb 12, 2026. Operations will continue as normal during the extension.

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

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Metallus Announces Third-Quarter 2025 Results Metallus (NYSE: MTUS) reported third-quarter 2025 net sales of $305.9M, net income of $8.1M ($0.19 diluted) and adjusted EBITDA of $29.0M. Operating cash flow was $22.0M and cash and cash equivalents ended at $191.5M. Third-quarter ship tons were 163,100 and melt utilization improved to 72%. The company invested $28.4M in capex and repurchased $3.0M of shares; total liquidity was $436.9M. Government funding received totaled $81.5M to date, with $10.0M in Q3 and additional milestone payments expected through early 2026. Fourth-quarter adjusted EBITDA is expected to be lower due to seasonality and an $11M annual shutdown.

#MTUS Metallus Announces Third-Quarter 2025 Results

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Metallus Extends Labor Contract by 90 Days Following USW Members' Rejection of Tentative Agreement Metallus (NYSE: MTUS) confirmed that members of the United Steelworkers Local 1123 voted to not ratify a tentative labor agreement reached on October 3, 2025. Management said it was disappointed and reiterated commitment to competitive wages, benefits, and safety while pursuing a sustainable business path. To allow more negotiations, the existing labor contract has been extended 90 days, now expiring on January 29, 2026. The extension covers about 1,200 Canton-based bargaining employees, and operations will continue as normal during the extension period.

#MTUS Metallus Extends Labor Contract by 90 Days Following USW Members' Rejection of Tentative Agreement

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Metallus Faces Critical Labor Negotiations: 1,200 Jobs at Stake in Ohio Steel Plant Key contract negotiations begin Aug 18 for 1,200 Canton steelworkers. CEO aims for fair agreement balancing worker security and company profitability. Track updates.

#MTUS Metallus and United Steelworkers Local 1123 to Begin Contract Discussions on August 18, 2025

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Metallus Announces First-Quarter 2025 Results Metallus (NYSE: MTUS) reported Q1 2025 results with net sales of $280.5 million, up 17% from Q4 2024 but down 13% year-over-year. The company posted net income of $1.3 million ($0.03 per share) and adjusted EBITDA of $17.7 million. Key highlights include: Shipments increased 17% sequentially to 152,900 tons, driven by higher industrial, automotive, and energy shipments. The order backlog grew 50% year-over-year, with extended lead times through July. The company maintained strong liquidity of $432.0 million, with cash and equivalents of $180.3 million. Management expects Q2 2025 adjusted EBITDA to exceed Q1 levels, with modest shipment increases and improved operational performance. The company continues its $125 million capital expenditure plan for 2025, including $90 million funded by the U.S. government for defense-related capacity expansion.

#MTUS Metallus Announces First-Quarter 2025 Results

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When and How to Access Metallus's Crucial Year-End Earnings Report Next Week Metallus will host its Q4 and full-year 2024 earnings webcast on February 28 at 9:00 a.m. ET. Access available at investors.metallus.com.

#MTUS REMINDER: Metallus Announces Fourth-Quarter and Full-Year 2024 Earnings Webcast Details

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Metallus Announces Fourth-Quarter and Full-Year 2024 Results Metallus (NYSE: MTUS) reported Q4 2024 financial results with net sales of $240.5 million and a net loss of $21.4 million ($0.50 per share). Full-year 2024 performance showed net sales of $1.1 billion with net income of $1.3 million ($0.03 per share).Q4 highlights include:Ship tons increased 9% sequentially to 130,200Melt utilization declined to 56% from 60% in Q3Operating cash flow of $13.9 millionCash balance of $240.7 million with total liquidity of $458.6 millionFor 2024, the company invested $64.3 million in capital expenditures and $54.8 million in share/note repurchases. The aerospace & defense segment showed 17% growth to $134.9 million. Looking ahead, Q1 2025 adjusted EBITDA is expected to improve, with planned capital expenditures of $125 million for 2025.

#MTUS Metallus Announces Fourth-Quarter and Full-Year 2024 Results

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Earnings Alert: Metallus (MTUS) Schedules Critical Year-End Financial Report Metallus will announce Q4 and FY2024 results on February 27 after market close, followed by an investor conference call on February 28. Access details available.

#MTUS Metallus Announces Fourth-Quarter and Full-Year 2024 Earnings Webcast Details

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