Metallus Inc.
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- Metallus Inc. (NYSE: MTUS), founded in 1899 and headquartered in Canton, Ohio, manufactures and sells alloy steel, carbon steel, and micro-alloy steel products using electric arc furnace technology from facilities in the United States and Mexico; its core offerings include special bar quality (SBQ) bars utilized in gears, hubs, axles, crankshafts, motor shafts, bearing races, rolling elements, bushings, and wind energy shafts; seamless mechanical tubing (SMT) for oil country tubular goods, drill pipes, bits, collars, and fuel injectors; manufactured components such as precision-cut tubes and bars, forging preforms, green machined preforms, machined-to-print parts, and ready-to-assemble parts with value-added services including machining, thermal treatments, precision cutting, and ring gear machining; and billets, all produced in over 500 grades to American Iron and Steel Institute standards with supply chain management, program management, and recycling programs serving automotive (light vehicles, heavy trucks, electric vehicles, motor sports), energy (onshore/offshore drilling, renewables), aerospace and defense (munitions, aircraft landing gear, ground vehicles), industrial equipment (off-highway, rail, marine, mining, construction), heavy truck, agriculture, and power generation sectors primarily in the United States and internationally. The company, formerly known as TimkenSteel Corporation, rebranded to Metallus Inc. in February 2024 to reflect its evolution into high-performance specialty metals, manufactured components, and supply chain solutions; in December 2025, it reached a new tentative four-year labor agreement with United Steelworkers Local 1123 covering approximately 1,200 employees in Canton, Ohio, following the rejection of an initial proposal in October 2025; recent strategic investments include $140 million in manufacturing asset maintenance, $8 million in safety programs during 2024, and $90 million in U.S. government-backed capital expenditures supporting operational expansion, munitions production ramp-up, onshoring, and energy transition initiatives amid $1.1 billion in 2024 sales and approximately 1,850 employees.
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