
Company Overview - Metallus Inc reported net sales of $1.1 billion in 2024[9] - The company has an annual melt capacity of approximately 1.2 million tons and a ship capacity of approximately 0.9 million tons[9] - In 2024, Automotive accounted for 45% of the company's shipment mix and 42% of net sales, while Industrial accounted for 40% of the shipment mix and 36% of net sales[18] Financial Performance and Outlook - In Q2 2025, Metallus had net sales of $304.6 million, a 9% increase compared to Q1 2025[23] - The company's adjusted EBITDA for Q2 2025 was $26.5 million[23] - Metallus expects capital expenditures of approximately $125 million in 2025, including approximately $90 million funded by the U S government[23] Strategic Initiatives and Targets - Metallus aims to grow A&D product sales to over $250 million in 2026, more than doubling the 2023 sales level[68] - The company is targeting a through-cycle long-term adjusted EBITDA margin of greater than 12%[69] - Metallus has a long-term target net leverage ratio of less than 1 0x[69]