Metallus (MTUS)
Melts recycled scrap into alloy steel bars, tubing, and precision components for demanding industrial uses.
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Runs an electric-arc-furnace operation in Canton, Ohio that turns recycled scrap into special bar quality steel bars, seamless mechanical tubing, and precision manufactured components, selling into automotive, industrial, aerospace-and-defense, and energy end-markets under a single reporting segment.
Melts recycled scrap metal in electric-arc furnaces to produce alloy, carbon, and micro-alloy special bar quality steel bars, seamless mechanical tubing, and precision manufactured components, extending into gears, axles, crankshafts, and artillery and mortar bodies.
Sales split across automotive, industrial, aerospace-and-defense, and energy customers, with manufactured components made at downstream facilities outside the main Ohio melt shop. Aerospace-and-defense has grown as a share of sales, backed by a multi-year US Army agreement to expand furnace capacity for munitions-grade steel.
Operations trace to steelmaking begun in 1917 for a former parent's bearing business, spinning off as an independent company in 2014 and later taking its present name. All melting and finishing capacity sits in Ohio, with Canton workers under a multi-year labor agreement.
Demand tracks automotive, industrial, and energy cycles, and a concentrated customer roster accounts for roughly half of sales.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $108.6M · Total debt $14.7M · Total assets $1.14B · Shareholders' equity $692.3M
- Revenue
- $341.0M
- Operating income
- $10.4M
- Net income
- $8.9M
No dividends on record.
| Institutions | 87.71% | 36.36M shares | |
|---|---|---|---|
| 208 holders · as of Jun 30, 2026 | |||
| Insiders | 5.00% | 2.07M shares | |
| 16 holders · as of Jun 17, 2026 | |||
| Strategic holders | 10.34% | 4.29M shares | |
| 1 holder · as of May 2, 2025 | |||
| Adds to | 103.05% | ||
41.45M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 103.05%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.06% | 5.83M | as of Jun 30, 2026 |
Ellwood Group Investment CorpStrategic10 percent owner | 10.34% | 4.29M | filed May 2, 2025 |
Dimensional Fund Advisors LPInstitution | 6.18% | 2.56M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.82% | 2.41M | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 4.84% | 2.01M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 4, 2026 | Kristopher R. Westbrooks | officer: President & COO | −2,128 | $21.28 |
| Feb 3, 2026 | Kristopher R. Westbrooks | officer: President & COO | −2,951 | $21.03 |
| Feb 4, 2026 | Michael S. Williams | director, officer: Chief Executive Officer | −13,713 | $21.28 |
| Feb 3, 2026 | Michael S. Williams | director, officer: Chief Executive Officer | −19,017 | $21.03 |
| Jan 15, 2026 | Michael S. Williams | director, officer: Chief Executive Officer | −603 | $21.00 |
- Nucor
Broadest US direct rival across SBQ and merchant bar.
- Gerdau (ADR)
Named 10-K rival on small-diameter SBQ bars in the US.
- Tenaris (ADR)
Named 10-K rival on seamless mechanical tubing.
- Carpenter Technology
Adjacent aerospace-and-defense specialty-alloy rival.
- ArcelorMittal (ADR)
Named 10-K rival on seamless tubing via ArcelorMittal Tubular Products.
- ATI
Adjacent aerospace-and-defense specialty-materials rival.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Metallus | $18.98 | +1.80% | $775.9M | 98.1 | 17.8 | 0.6 | +12.0% |
| Nucor | $243.16 | +0.31% | $55.20B | 19.3 | 11.4 | 1.5 | +23.0% |
| Gerdau (ADR) | $5.02 | +0.40% | $9.88B | 22.8 | 10.1 | 0.7 | +10.1% |
| Tenaris (ADR) | $56.12 | +0.27% | $30.03B | 15.3 | 14.6 | 2.5 | −5.1% |
| Carpenter Technology | $401.84 | −0.26% | $20.02B | 38.3 | 30.3 | 6.4 | +12.6% |
| ArcelorMittal (ADR) | $73.05 | +0.70% | $55.21B | 30.7 | — | 0.9 | +5.2% |
| ATI | $189.86 | +0.37% | $25.81B | 55.5 | 33.3 | 5.5 | +10.6% |
| Median | 26.8 | 14.6 | 2.0 | +10.3% |