Metallus (MTUS) Reaches New Tentative Four-Year Contract Agreement with USW Local 1123
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
0mins
Source: PRnewswire
- Contract Negotiation Progress: Metallus has reached a new tentative four-year contract agreement with the United Steelworkers (USW) Local 1123, aimed at securing competitive wages and benefits for approximately 1,200 employees, which reflects the company's commitment to employee welfare and is expected to enhance job satisfaction and retention rates.
- Voting Arrangement: Following the failure of the initial agreement to gain approval, the union will set and announce a date for a second vote, and this transparency in the process is likely to build trust among employees regarding company decisions, ensuring a more stable future relationship.
- Management Statement: Metallus CEO Mike Williams stated that the new agreement reflects a shared commitment to competitive wages and a safe working environment, which not only aids in attracting and retaining talent but also supports the company's long-term success and growth objectives.
- Current Agreement Extension: The existing agreement has been extended until January 29, 2026, providing the company with time to ensure the smooth implementation of the new agreement while also offering employees a stable work environment, thereby reducing potential business disruption risks.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on MTUS
About MTUS
Metallus Inc. manufactures alloy steel, as well as carbon and micro-alloy steel, using electric arc furnace (EAF) technology. The Company's portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing (tubes), manufactured components such as precision steel components, and billets. The Company manages raw material recycling programs, which are used internally as a feeder system for its melt operations and allow it to sell scrap not used in its operations to third parties. The Company’s products and solutions are used in a diverse range of demanding applications in the end-markets including industrial, which includes industrial equipment, mining, construction, rail, heavy truck, agriculture and power generation; automotive; aerospace & defense, and energy. Its production of manufactured components takes place at two downstream manufacturing facilities: Tryon Peak (Columbus, North Carolina) and St. Clair (Eaton, Ohio).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Metallus to Release Q4 and Full-Year 2025 Results on February 19
- Earnings Release Schedule: Metallus plans to release its fourth-quarter and full-year 2025 results after market close on February 19, 2026, which is expected to provide critical financial data and performance insights for investors.
- Conference Call Timing: The company will hold a conference call on February 20, 2026, at 9:00 a.m. ET, with live Internet access for investors and analysts to participate in the discussion of the financial results.
- Company Background: Metallus, based in Canton, Ohio, specializes in high-performance specialty metals for industrial, automotive, aerospace, and energy sectors, achieving $1.1 billion in sales in 2024 and employing approximately 1,850 people.
- Industry Position: As a leading U.S. producer of alloy steel bars and seamless mechanical tubing, Metallus boasts over 100 years of experience in high-quality steel manufacturing, continuously enhancing its customers' product performance and market competitiveness.
Continue Reading
Metallus to Release Q4 and Full-Year 2025 Results on February 19, 2026
- Earnings Release Schedule: Metallus will release its Q4 and full-year 2025 results after market close on February 19, 2026, providing investors with critical financial data and performance insights.
- Conference Call Details: The company has scheduled a conference call with the financial community for February 20, 2026, at 9:00 a.m. ET, which will be broadcast live online, allowing investors to access real-time information.
- Company Overview: Metallus, based in Canton, Ohio, specializes in high-performance specialty metals for industrial, automotive, aerospace, and energy markets, achieving $1.1 billion in sales in 2024, reflecting strong market demand.
- Employee Count and History: With approximately 1,850 employees and over 100 years of experience in steel manufacturing, Metallus continues to provide high-quality alloy steel and seamless mechanical tubing, solidifying its leading position in the industry.
Continue Reading