Logotype for Metallus Inc

Metallus (MTUS) investor relations material

Metallus 16th Annual Midwest Ideas Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Metallus Inc
16th Annual Midwest Ideas Conference summary26 Aug, 2025

Company overview and transformation

  • Rebranded from Timken Steel to Metallus about 1.5 years ago, reflecting a shift to specialty metals beyond steel, serving aerospace, defense, and industrial sectors.

  • Underwent significant transformation since 2020, removing over $100M in costs and focusing on operational and commercial excellence.

  • Employs about 1,900 people, including 1,200 United Steelworkers, and has a legacy of over 100 years in specialty metals manufacturing.

  • Product mix includes SBQ steel bars and seamless mechanical tubing, with leading U.S. market shares in both categories.

  • End markets are balanced across automotive, industrial, energy, and growing aerospace and defense segments.

Recent performance and financial highlights

  • 2023 was a low point for the industry, but shipments in the first half of 2024 increased 28% over the previous half, with $1.1B in sales last year.

  • Q2 2024 saw net sales over $300M, a 9% sequential increase, and the highest quarterly adjusted EBITDA in over a year.

  • Operating cash flow was 1.3x EBITDA in Q2, maintaining a strong balance sheet.

  • Q3 shipments expected to match Q2, with steady base prices and a 7–8% spot price increase for seamless mechanical tubing effective November 1.

  • Facing higher electricity costs ($2–3M per quarter) and one-time labor agreement costs ($3–5M) in the second half of 2024.

Growth initiatives and strategic investments

  • Awarded a $100M U.S. Army contract to expand capacity for 155mm shell steel, with $80M received and the remainder expected by early 2026.

  • Targeting $250M in annual sales to defense by 2026, more than double historical levels.

  • Investing in vacuum arc remelt steel for aerospace and defense, aiming for $30M in sales in 2025 and further growth.

  • Operational efficiency initiatives expected to yield $10M in annual savings, ramping up through 2026.

  • Actively pursuing new commercial opportunities and potential government funding for further expansion.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Metallus earnings date

Logotype for Metallus Inc
Q3 20257 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Metallus earnings date

Logotype for Metallus Inc
Q3 20257 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Metallus Inc manufactures and markets specialty steel products, including bar, rod, and wire forms, for a range of industrial applications. The company serves sectors such as automotive, aerospace, energy, and heavy equipment by supplying custom-engineered steel solutions. Metallus operates production and distribution facilities primarily in North America. The company is headquartered in Canton, Ohio, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage