Metallus and the United Steelworkers (USW) Local 1123 Agree to Extend Contract

Core Points - Metallus (NYSE: MTUS) has agreed to extend its contract with the United Steelworkers (USW) Local 1123 until October 15, 2025, allowing for continued negotiations [1][2] - The current agreement affects approximately 1,200 bargaining employees at Metallus' Canton, Ohio operations [2] - Metallus reported sales of $1.1 billion in 2024 and has been in the business of producing high-quality steel for over 100 years [3] Company Overview - Metallus specializes in high-performance specialty metals, manufactured components, and supply chain solutions, primarily serving industrial, automotive, aerospace & defense, and energy markets [3] - The company employs around 1,850 people and is recognized as a premier U.S. producer of alloy steel bars and seamless mechanical tubing [3]