Earnings ·
Metallus reports Q2 net sales of $341M, up 11% sequentially, with net income rising to $8.9 million
MTUSMetallus Inc.
Metallus Inc. reported second-quarter 2026 net sales of $341.0 million, an 11% sequential increase, with net income rising to $8.9 million ($0.21 per diluted share). Adjusted EBITDA reached $29.0 million, up 18% sequentially. The company refinanced its asset-based revolving credit facility to extend maturity to June 2031 and repurchased 0.2 million common shares for $3.6 million. Metallus operates in the specialty metals manufacturing industry, producing high-performance alloy steel bars and seamless mechanical tubing.