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Metallus Inc. - $MTUS STOCK NEWS

Welcome to our dedicated page for Metallus news (Ticker: $MTUS), a resource for investors and traders seeking the latest updates and insights on Metallus stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Metallus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Metallus's position in the market.

Rhea-AI Summary

Metallus (NYSE: MTUS) announces the election of Melissa M. Miller, a seasoned industry professional, as a new independent director to its Board of Directors. Miller, currently serving as the Executive Vice President and Chief Human Resources Officer at Arconic , brings a wealth of experience in achieving growth targets through an engaged workforce and emphasizing integrity, safety, sustainability, and operational excellence. The company also re-elected existing directors for additional terms, with eleven directors now serving on the board.

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Metallus, formerly known as TimkenSteel, a leader in specialty metals, will release its first-quarter 2024 financial results on May 9, 2024. The company will host a conference call on May 10, 2024, at 9:00 a.m. ET for the financial community.
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Metallus (NYSE: MTUS) joins the Global Steel Climate Council to enhance sustainable steel production practices. The company's 2023 Sustainability Update highlights investments in health and safety, advancements in the circular economy, commitment to ethical practices, and community engagement.
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Metallus (NYSE: MTUS) secures up to $99 million in funding from the United States Army to enhance artillery shell production capacity, targeting $60 million in annual sales. The company aims to bolster the defense sector while reducing its carbon footprint.
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2.72%
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Metallus (NYSE: MTUS) reported net sales of $328.1 million in Q4 2023, with full-year net income of $69.4 million. Adjusted EBITDA was $35.7 million in Q4 and $169.0 million for the year. The company deployed $51.6 million for capital investments and $32.6 million for share repurchases. Total liquidity stood at $539.4 million at the end of 2023.
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2.72%
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Metallus (NYSE: MTUS) will release its 2023 fourth-quarter and full-year financial results on February 27, 2024, after the market closes. The company will host a conference call on February 28, 2023, at 9:00 a.m. ET.
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TimkenSteel Corp. to release 2023 Q4 and full-year financial results, changing name to Metallus Inc. and new ticker symbol MTUS.
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TimkenSteel (NYSE: TMST) announced its intent to change its name to Metallus Inc. The new name reflects the company's century-long legacy as a producer of strong, sustainable steel and its vision to harness high-performance metals. The stock will trade under the new ticker symbol (NYSE: MTUS) from February 27, 2024. The rebranding signifies the company's commitment to profitable growth, product quality, valuable partnerships, and future vision.
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Metallus Inc.

NYSE:MTUS

MTUS Rankings

MTUS Stock Data

906.34M
43.89M
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
United States of America
CANTON