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Business Summary: 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).
Financial Summary: BRIEF: For the six months ended 30 June 2026, Metallus Inc revenues increased 11% to $649.3M. Net income increased from $5M to $14.3M. Revenues reflect Bar segment increase of 20% to $422M, Tube segment increase of 6% to $68.6M. Net income benefited from Loss on extinguishment of debt decrease from $3.6M (expense) to $0K, Selling, general and administrative exp. decrease of 3% to $45.9M (expense).