CANTON, Ohio, Oct. 17, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its third-quarter 2024 results on Thursday, November 7, 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 Friday, November 8, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference
CANTON, Ohio, Aug. 23, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, has been named a 2024 NorthCoast 99 award winner by ERC, the Employers Resource Council. The NorthCoast 99 award honors 99 great Northeast Ohio workplaces for top talent. "Twenty-six years ago, ERC launched the NorthCoast 99 awards program and event to help our region become a prime destination for companies and high-performing individuals," said Samantha Marx, ERC's Director of Strategic Projects, who oversees the Nor
CANTON, Ohio, Aug. 9, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its second-quarter 2024 results on Thursday, August 8 on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, August 9, 2024, 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 in
Net sales of $294.7 million with net income of $4.6 million and adjusted EBITDA(1) of $19.9 millionOperating cash flow of $8.3 million with ending cash and cash equivalents of $272.8 millionInvested $14.1 million in capital expenditures and deployed $9.6 million to repurchase common sharesReceived initial payment from the U.S. government to fund additional capacity to support the Army's mission of ramping up munition productionCANTON, Ohio, Aug. 8, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported second-quarter 2024 net sales of $294.7 million and net income of $4.6 million, or $0.10 per d
• Lt. Governor Jon Husted and other officials attended today's groundbreaking ceremony CANTON, Ohio, Aug. 7, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, announced today that it has received $3.5 million in grants from JobsOhio to support the planned expansion of its steelmaking plants. Metallus, formerly known as TimkenSteel, plans to invest more than $100 million in partnership with the U.S. Department of Defense to supply their munitions programs. These grants aim to provide tra
CANTON, Ohio, July 18, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its second-quarter 2024 results on Thursday, August 8, 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 Friday, August 9, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference cal
CANTON, Ohio, May 20, 2024 /PRNewswire/ -- Metallus Inc. (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, on May 15, 2024, entered into an agreement to purchase a group annuity contract from The Prudential Insurance Company of America ("Prudential") in connection with the termination of the TimkenSteel Corporation Retirement Plan (the "Salaried Pension Plan"). The Salaried Pension Plan termination settles approximately $121 million of the company's remaining U.S. pension obligations. Prudential will pay future benefits
Net sales of $321.6 million with net income of $24.0 million and adjusted EBITDA(1) of $43.4 millionOperating cash flow of $33.4 million with ending cash and cash equivalents of $278.1 millionInvested $17.4 million in capital expenditures and deployed $4.4 million to repurchase common sharesOn May 6, 2024, the company's Board of Directors authorized an additional $100 million common share repurchase programCANTON, Ohio, May 9, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported first-quarter 2024 net sales of $321.6 million and net income of $24.0 million, or $0.52 per diluted share. On an ad
CANTON, Ohio, May 7, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS) – At the 2024 Annual Meeting of Shareholders of Metallus Inc. held earlier today the shareholders elected Melissa M. Miller, Executive Vice President and Chief Human Resources Officer at Arconic Corporation, as a new independent director. Miller was elected to serve an initial term of one year and fills the vacancy resulting from the retirement of Diane Creel from Metallus' Board of Directors. Additionally, shareholders have re-elected for a three-year term independent directors Mary Ellen Baker, Jamy Rankin and Ro
CANTON, Ohio, April 18, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel, a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its 2024 first-quarter financial results on Thursday, May 9, 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 Friday, May 10, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference c
CANTON, Ohio, April 10, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel, a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announces its membership in the Global Steel Climate Council (GSCC), reaffirming its commitment to sustainable steel production practices. This partnership underscores Metallus' dedication to environmental stewardship and marks another significant milestone in the company's sustainability journey. The Global Steel Climate Council serves as a vital platform for industry leaders to c
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CANTON, Ohio, Oct. 17, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its third-quarter 2024 results on Thursday, November 7, 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 Friday, November 8, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference
CANTON, Ohio, Aug. 9, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its second-quarter 2024 results on Thursday, August 8 on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, August 9, 2024, 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 in
Net sales of $294.7 million with net income of $4.6 million and adjusted EBITDA(1) of $19.9 millionOperating cash flow of $8.3 million with ending cash and cash equivalents of $272.8 millionInvested $14.1 million in capital expenditures and deployed $9.6 million to repurchase common sharesReceived initial payment from the U.S. government to fund additional capacity to support the Army's mission of ramping up munition productionCANTON, Ohio, Aug. 8, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported second-quarter 2024 net sales of $294.7 million and net income of $4.6 million, or $0.10 per d
CANTON, Ohio, July 18, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its second-quarter 2024 results on Thursday, August 8, 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 Friday, August 9, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference cal
Net sales of $321.6 million with net income of $24.0 million and adjusted EBITDA(1) of $43.4 millionOperating cash flow of $33.4 million with ending cash and cash equivalents of $278.1 millionInvested $17.4 million in capital expenditures and deployed $4.4 million to repurchase common sharesOn May 6, 2024, the company's Board of Directors authorized an additional $100 million common share repurchase programCANTON, Ohio, May 9, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported first-quarter 2024 net sales of $321.6 million and net income of $24.0 million, or $0.52 per diluted share. On an ad
CANTON, Ohio, April 18, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel, a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its 2024 first-quarter financial results on Thursday, May 9, 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 Friday, May 10, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference c
Top Stories for May 10, 2024: 1. AngloGold Ashanti (NYSE:AU) reported a 2% increase in annual gold production for the first quarter of 2024, maintaining its full-year production guidance despite challenges from severe weather in Western Australia. CEO Alberto Calderon highlighted consistent operational improvements and strong safety outcomes, with no fatalities recorded for the 11th consecutive quarter. The company is continuing its efforts to enhance safety, cost performance and mine life extension. Production gains were seen at multiple sites, although offset by reductions at others due to environmental impacts and operational halts. Obuasi’s production met expectati
TimkenSteel (NYSE:MTUS) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.37 by 51.35 percent. This is a 27.27 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $321.600 million which beat the analyst consensus estimate of $319.800 million by 0.56 percent. This is a 0.59 percent decrease over sales of $323.500 million the same period last year.
Top Stories for April 11, 2024: 1. Ivanhoe Electric (NYSE:IE) and Saudi Arabian Mining Company Ma’aden’s joint venture completed its first quarter of exploration in Saudi Arabia, successfully conducting a 76 km2 Typhoon survey around the Al Amar mine. Exploration identified drill-ready anomalies and Computational Geosciences processed the results, highlighting two high-priority areas. The venture also finished constructing the first of three advanced Typhoon units, with plans to expand exploration in the Al Amar and Wadi Bidah regions. CEO Taylor Melvin highlighted the survey’s success in identifying geological anomalies using Typhoon and machine learning, with drilling expecte