Metallus Inc. MTUS

Metallus now has a $995M contract with the logistics agency for the Department of War to supply steel for "critical defense applications."

Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announced that the U.S. Defense Logistics Agency (DLA), the logistics agency for the Department of War, has awarded the company an Indefinite Delivery/Indefinite Quantity (IDIQ) contract to supply steel for critical defense applications.

The Mesabi Metallics plan for a record scale Iowa steel plant has pushed U.S. steel producers back into the spotlight, raising fresh questions about who might benefit from an increase in domestic capacity and tariff protected supply. Long lead projects like this can quietly reshape entire sectors, which means early positioning can matter. This piece walks through three U.S. steel stocks tied to this news and what their exposure could mean for a diversified portfolio. The stocks below are just...

Metallus CEO Mike Williams has announced his plan to retire at the end of this year.

Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, today announced that Michael (Mike) S. Williams has notified the company's board of directors of his intention to retire from his position as chief executive officer and as a member of the board of directors effective December 31, 2026. The board has appointed Kristopher (Kris) R. Westbrooks, president and chief operating officer of Metallus, to succeed Mr. Williams as president

Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, was joined today by representatives from the U.S. Army, regional economic development organizations and government leaders to celebrate the commissioning of new manufacturing assets that will strengthen the domestic munitions supply chain and support U.S. national security.

Metallus and the U.S. Army hosted a ceremony to celebrate the official commissioning of a bloom reheat furnace, roller furnace and automated sawline.

Adjusted EBITDA rises 9% year-over-year to $29 million, driven by robust demand in aerospace and defense and a 50% surge in order book.

Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, today announced it has achieved AS9100D certification, a globally recognized quality management standard for the aerospace and defense industries.

Metallus reported another sequential and year-over-year increase in net sales and income for the second quarter of 2026.

Moby summary of Metallus Inc.'s Q2 2026 earnings call