Metallus(US:MTUS) Prnewswire·2026-02-06 00:37Core Viewpoint - Metallus has successfully negotiated a new four-year contract with its employees, reflecting a commitment to safety, innovation, and long-term competitiveness [2]. Group 1: Contract Details - The new contract is effective from February 5, 2026, to September 30, 2029, and includes annual increases to base wages for employees [2]. - The contract provides competitive healthcare and retirement benefits, emphasizing employee wellbeing and safe operations [2]. Group 2: Company Overview - Metallus (NYSE: MTUS) specializes in high-performance specialty metals, serving industries such as industrial, automotive, aerospace & defense, and energy [3]. - The company has been in the steel manufacturing business for over 100 years and reported sales of $1.1 billion in 2024 [3]. - Metallus employs approximately 1,850 people and is a leading U.S. producer of alloy steel bars and seamless mechanical tubing [3].