MTUS

CANTON, Ohio, July 14, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its second-quarter 2026 results on Monday, August 3, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, August 4, 2026, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference call will also be available at investors.metallus.com. ABOUT METALLUS INC.Metallus (NYSE: MTUS) manufactures high-performance specialty metals from recycled scrap metal in Canton, OH, serving demanding applications in industrial, automotive, aerospace & defense and energy end-markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and manufactured components. In the business of making high-quality steel for more than 100 years, Metallus' proven expertise contributes to the performance of our customers' products. The company employs approximately 1,850 people and had sales of $1.2 billion in 2025. For more information, please visit us at www.metallus.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/metallus-announces-second-quarter-2026-earnings-webcast-details-302825163.html

Interested in Metallus Inc.? Here are five stocks we like better. Metallus delivered a stronger first quarter, with net sales rising 10% year over year to $308.3 million and adjusted EBITDA jumping 39% to $24.6 million. Management said higher shipments, improved pricing/mix and better production leverage offset higher utility and labor costs. Demand trends improved across key end markets, especially industrial and aerospace/defense, while the order book grew year over year and lead times extended into late Q3. The company also said tariff dynamics and onshoring are supporting its competitive position. Operational investments and government funding are advancing, including progress on the new bloom reheat and roller furnaces, which should boost capacity and efficiency later this year. Metallus ended Q1 with $375 million of liquidity and reaffirmed a modestly better Q2 outlook, supported by price actions and expected cost improvements. Metallus (NYSE:MTUS) reported higher first-quarter 2026 sales and profitability as improving demand, stronger shipment volumes and operational gains helped offset higher utility and labor costs, executives said on the company’s earnings call. Chief Executive Officer Mike Williams said demand continued to improve across the company’s end markets, with the order book growing year over year. He cited industrial and defense demand, lower distribution inventory levels and onshoring as factors supporting the company’s outlook. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum “Demand continues to improve across our end markets and our order book grew year-over-year,” Williams said. He added that Section 232 tariffs continue to support the company’s competitive position, noting that recent April 2026 tariff updates applied to downstream steel-containing derivative products and did not affect Metallus’ primary steel products. Executive Vice President and Chief Financial Officer John Zaranec said first-quarter net sales totaled $308.3 million, up $27.8 million, or 10%, from the prior-year period. The increase was primarily driven by higher shipments across most end markets. → MercadoLibre Boldly Invests in Growth: Discount Deepens Net income was $5.4 million, or $0.13 per diluted share. Adjusted net income was $7.7 million, or $0.18 per diluted share. Adjusted EBITDA was $24.6 million, up $6.9 million, or 39%, from the fir...

CANTON – Metallus reported a 10% year-over-year increase in net sales to $308.3 million in the first quarter of 2026. That led to earnings of $5.4 million, or 13 cents per share, in the first quarter. By comparison, the Canton-based steel manufacturer reported earnings of $1.3 million, or 3 cents per share, for the first quarter of 2025. "Demand continues to improve across our end markets, and our order book grew year-over-year, supported by overall industrial and defense demand, decreasing distribution inventory levels, and onshoring," CEO Mike Williams said during an earnings presentation on May 5. Williams also credited tariffs imposed on steel, aluminum, and copper for supporting U.S.-produced steel and predicted that the growing demand for domestic steel would continue through 2026. The company spent $24.7 million in capital expenditures, which included $18.3 million for projects primarily funded by the federal government. Metallus used $4.3 million to repurchase 300,000 common shares and had $85.4 million remaining under its authorized stock buyback program. The first runs were made on the new bloom reheat furnace at the Faircrest plant. The bloom reheat furnace is expected to be fully operational by mid-third quarter, and the roller furnace should be fully operational by late third quarter. Metallus reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $24.6 million and expects its EBITDA to be slightly higher in the second quarter of this year. Reach Kelly at 330-580-8323 or [email protected] This article originally appeared on The Repository: Metallus reports increased sales and earnings for early 2026

Performance improvement was primarily driven by higher shipments across most end markets, improved price/mix, and better fixed cost leverage on increased production volume. The order book grew over 40% year over year, adding approximately 90 thousand tons, fueled by industrial and defense demand, distribution destocking, and onshoring trends. Operational efficiency reached a milestone with the new bloom reheating furnace achieving a run rate of 150 tons per hour, a 50% improvement over legacy assets. Management attributes industrial market gains to customers reassessing supply chains and shifting toward domestic suppliers due to trade policy changes and low inventory levels. Automotive demand remains resilient as the company focuses on high-margin SUV and light truck platforms, while benefiting from a market shift toward hybrid vehicles that require traditional powertrain components. Section 232 tariffs continue to provide a competitive moat, with the 50% tariff on imported primary steel reinforcing the long-term position of U.S.-produced long bar and tube products. Second quarter shipments are expected to increase modestly in the low single digits, supported by a strong order book and typical seasonal patterns. Management expects second quarter adjusted EBITDA to be modestly higher both sequentially and year over year, aided by a $2 million sequential improvement in manufacturing costs. Price realization from targeted actions of $100-$120 per ton is expected to be gradual, with the most significant impact anticipated in the second half of 2026. The company maintains its $250 million annualized defense revenue run-rate expectation, despite potential lumpiness in shipment timing due to downstream supply chain factors. Full-year 2026 capital expenditures are projected at approximately $70 million, inclusive of approximately $35 million funded by the U.S. government, with spending expected to ramp down following a peak in the first quarter. The first quarter saw a seasonal working capital build and inventory increase to position the company to meet high order demand through the third quarter. A new labor agreement resulted in a run-rate cost increase, which management expects to offset through higher melt utilization and improved cost absorption. Required pension contributions for 2026 are expected to decrease by nearly 60% compared to 2025, following a $19.8 m...

Metallus (MTUS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +38.46%. A quarter ago, it was expected that this maker of steel large bars and seamless mechanical tubing would post earnings of $0.05 per share when it actually produced a loss of $0.18, delivering a surprise of -460%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Metallus, which belongs to the Zacks Steel - Speciality industry, posted revenues of $308.3 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.04%. This compares to year-ago revenues of $280.5 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Metallus shares have added about 11.5% since the beginning of the year versus the S&P 500's gain of 5.6%. While Metallus has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Metallus was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today'...

Image source: The Motley Fool. Friday, November 7, 2025 at 9 a.m. ET Chief Executive Officer — Michael Williams Chief Financial Officer — John Zaranec Director of Investor Relations — Jennifer Beeman Michael Williams: Good morning, and thank you for joining us today. I want to start with safety. Throughout the year, we've been dedicated to our mission of being recognized as having the safest specialty metals operation in the world. In line with this mission, we continue to make substantial investments in the safety of our people. We remain on track to spend $5 million to further enhance our safety management systems and critical equipment this year. To date, in 2025, we've had 0 serious injuries. These are events which are life-threatening or life altering. We have also had a 15% reduction in days away and restorative work cases and a 34% reduction in lost and restricted work days compared to the same period a year ago. In October, we successfully completed our planned annual maintenance shutdown at the Faircrest facility. These shutdowns are highly coordinated efforts involving collaboration between our teams and external contractors. Over the course of 9 days, we performed essential maintenance to ensure the 2026 reliability and performance of our melt shop assets. Most importantly, I'm proud that the Faircrest shutdown was completed without any serious safety incidents. As a reminder, we will see additional shutdown activities in our other facilities in the late fourth quarter. Customer feedback continues to reaffirm the strength of our service and quality. We recently wrapped up our annual customer survey. And I'm pleased that over 97% of respondents said they would recommend Metallus products to others, a testament to the exceptional work our teams deliver every day. As expected, the survey showed that most customers prefer buying steel made in the United States, and it's a key factor in their purchasing decision. We're seeing continued interest from both new and long-standing customers who are actively shifting toward domestic supply chain solutions. So far in 2025, we successfully sold to over 2 dozen new customers, which will contribute to the future business growth. In addition, we saw a substantial year-over-year increase in our overall order backlog. Specifically, aerospace and defense backlog is up approximately 80% compared to a year ago. As we...

CANTON, Ohio (AP) — CANTON, Ohio (AP) — Metallus Inc. (MTUS) on Monday reported profit of $5.4 million in its first quarter. On a per-share basis, the Canton, Ohio-based company said it had net income of 13 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share. The maker of steel large bars and seamless mechanical tubing posted revenue of $308.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTUS at https://www.zacks.com/ap/MTUS

Image source: The Motley Fool. Tuesday, May 5, 2026 at 9 a.m. ET Chief Executive Officer — Michael S. Williams Chief Financial Officer — John M. Zaranec Executive Vice President, Chief Commercial Officer — Kristopher R. Westbrooks Need a quote from a Motley Fool analyst? Email [email protected] Michael S. Williams: Good morning, and thank you for joining us today. I am encouraged by our team's continued focus on operational priorities, which strengthened our performance in the first quarter. Demand continues to improve across our end markets and our order book grew year over year supported by overall industrial and defense demand, decreasing distribution inventory levels, and onshoring. Section 232 tariffs continue to support our competitive position in the markets we serve. The April 2026 updates to these tariffs applied only to downstream steel-containing derivative products and do not affect our products, which are classified as primary steel. Most importantly, the 50% tariff on imported primary steel, including all long bar and tube products, remains in place, reinforcing the long-term competitiveness of U.S.-produced steel. The capital investments and operational system improvements we implemented during the planned shutdown period in the fourth quarter contributed to higher melt utilization on both a sequential and year-over-year basis. Our strategic operational advancements achieved critical milestones during the quarter, highlighted by the safe and successful reheating and rolling of the first blooms from our new bloom reheating furnace. This achievement reflects the dedicated efforts of our internal teams and the support of the Department of War. As a reminder, the new bloom reheat and roller furnaces facilitate more consistent reheating, improve product quality, and more efficient throughput. In fact, the bloom reheat furnace has recently demonstrated a run rate of approximately 150 tons per hour compared with approximately 100 tons per hour using our legacy assets, along with significant improvements in temperature uniformity. These modern and efficient assets position us to better serve growing customer demand across all end markets, and we anticipate they will also improve our operating leverage over time. We expect the bloom reheat furnace to be fully operational in early to mid-third quarter and the roller furnace to be fully operational in late thi...

Image source: The Motley Fool. Friday, May 9, 2025 at 9:00 a.m. ET President and Chief Executive Officer — Mike Williams Executive Vice President and Chief Financial Officer — Kris Westbrooks Director, Investor Relations — Jennifer Beeman Need a quote from a Motley Fool analyst? Email [email protected] Mike Williams: Good morning, and we appreciate you joining us today. First, let me say that I'm encouraged by the growing demand for domestic steel and Metallus is well-positioned to capitalize on this momentum. Our solid order book, strengthening spot pricing and recent market share gains reflect the confidence our customers have in us and the resilience of our business strategy. Over the past several months, the trade environment has been widely discussed. We fully support the enforcement and expansion of steel tariffs. As long time advocates, we believe these measures align with our commitment to fair trade and balancing excessive global overcapacity. This evolving trade environment will help us meet the growing demand for U.S. produced steel. As consumption of domestically produced steel increases, we are seeing a rise in our order bookings from new customers and existing customers. Consequently, our order backlog has increased approximately 50% from the same period a year ago. At the same time, we are mindful of the potential challenges posed by the current macroeconomic uncertainty. That said, we are well-positioned as a U.S. business with a strong balance sheet and continued focus on cost management. We remain focused on execution and the factors within our control in order to deliver value to our stakeholders. Switching gears to safety. Our mission is to be recognized as having the safest specialty metals operation in the world. In 2025, we plan to invest approximately $5 million to further strengthen our safety management system and upgrade equipment. I'm pleased that our past safety investments are yielding results. To date, in 2025, we have seen a year-over-year improvement in all safety metrics. Two key areas of focus; lockout/tagout/tryout and zero incident planning are exceeding our target rates, thanks to the commitment of our employees, continuous training and supervisory oversight. We recently held our Annual Iron Shield Competition, which invites our employees and crews to submit innovative safety projects aimed at improving safety practices. In to...

Image source: The Motley Fool. Aug. 8, 2025, 9 a.m. ET Chairman, Chief Executive Officer — Michael S. Williams President, Chief Operating Officer — Kristopher R. Westbrooks Executive Vice President, Chief Financial Officer — John M. Zaranec Vice President of Investor Relations, Corporate Communications, and Chief Legal Officer — Jennifer K. Beeman Michael S. Williams: Good morning, and thank you for joining us today. Before we begin, I'd like to take a moment to welcome John Zaranec to the team. John is our new Executive Vice President and Chief Financial Officer and brings with him more than 20 years of financial leadership in the manufacturing and industrial sectors, along with a strong track record of engaging with the investment community. We're excited to have him on board, and I'm confident you'll enjoy working with him. Also, I'm excited that Kris recently assumed new responsibilities as President and Chief Operating Officer after serving as our CFO since 2018. Kris now has oversight of our safety, manufacturing operations and excellence and supply chain organizations. Now turning briefly to the trade environment. Section 232 steel tariffs remain firmly in place at 50% for most countries with little change resulting from the country-specific agreements currently under negotiation by the administration. A fair trade environment is very important for the long-term sustainability of the steel industry, an industry that is vital to our national defense and infrastructure. As a result of the recent trade actions, we anticipate growing demand for domestically produced steel. Before we dive into safety and the quarterly results, I want to take a moment to share how honored we were to recently host Vice President, J.D. Vance at our Faircrest plant in Canton, Ohio. He spoke to approximately 300 of our employees and local stakeholders, emphasizing the federal government's commitment to investing in American workers and businesses. He also acknowledged our role in supporting national defense, highlighting Metallus' investment in a new bloom reheat furnace and our support of the Army's increased artillery shell production. This visit left many of our employees energized and deeply proud of the vital role they play in strengthening our national's industrial and defense capabilities. Moving on to safety. Our mission remains clear to be recognized as having the safe...

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 equivalents 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. This compares with the sequential 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. In the same quarter last year, the company had net sales of $280.5 million and net income of $1.3 million, or $0.03 per diluted share. On an adjusted basis(2), the first-quarter 2025 net income was $2.9 million, or $0.07 per diluted share, and adjusted EBITDA was $17.7 million. "In the first quarter, our teams executed against our operational priorities, delivering improved performance across the business. Our order book continued to grow year-over-year, supported by strengthening demand across all our end markets. We continued to invest in the next stages of operational excellence, resulting in higher melt utilization that improved both sequentially and year over year in the first quarter. In addition, we achieved an important milestone by successfully reheating and rolling the first blooms from our new bloom reheat furnace," said Michael Williams, chief executive officer. "Looking ahead, we continue to expect improved profitability in each quarter of 2026 compared with the prior year period, driven by a strong order book, a favorable product mix, and an improving pricing environment." FIRST-QUART...

Metallus (MTUS) reported Q1 adjusted earnings late Monday of $0.18 per diluted share, up from $0.07