Metallus (NYSE:MTUS) Reaches Tentative Four-Year Contract Agreement Covering 1,200 Employees
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
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Source: PRnewswire
- New Contract Agreement: Metallus has reached a new tentative four-year contract with the United Steelworkers, covering approximately 1,200 employees, reflecting the company's efforts to balance employee needs with business priorities.
- Vote Schedule Delay: The current labor contract has been extended by 14 days until February 12, 2026, to allow time for the union to communicate with its members, ensuring normal operations during this period to avoid business disruptions.
- Management Statement: CEO Mike Williams stated that the new contract offers a fair and reasonable resolution aimed at maintaining job stability for employees while supporting Metallus' future success.
- Company Background: Metallus has over 100 years of experience in high-performance specialty metals manufacturing, achieving $1.1 billion in sales in 2024, demonstrating its strong competitiveness in industrial, automotive, and aerospace markets.
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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.
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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.
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