Metallus Reaches New Tentative Agreement with Union
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
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Metallus and the United Steelworkers 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. "We have reached a new tentative agreement that reflects our ongoing effort to balance both the needs of our employees and the priorities of the company," said Mike Williams, chief executive officer of Metallus. "The tentative contract offers a fair and reasonable resolution, and we value the constructive cooperation from all parties to reach a solution that benefits our employees, maintains job stability, and supports Metallus' future success." To allow time for the union to communicate with its members and schedule the next vote, the current labor contract has been extended for an additional 14 days until February 12, 2026. Operations will continue as normal during this period. The contract covers approximately 1,200 bargaining employees at the company's Canton, Ohio operations.
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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.
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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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