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Metallus and United Steelworkers Local 1123 to Begin Contract Discussions on August 18, 2025

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Metallus (NYSE: MTUS) announced the commencement of labor contract negotiations with the United Steelworkers Local 1123, scheduled to begin on August 18, 2025. The current agreement, which covers approximately 1,200 bargaining employees at the company's Canton, Ohio operations, is set to expire on September 29, 2025.

CEO Mike Williams emphasized the company's commitment to reaching a fair agreement that aligns with their vision while ensuring job security. The company will maintain communication transparency through periodic updates on their website starting August 7, 2025, but will refrain from additional comments until discussions conclude.

Metallus (NYSE: MTUS) ha annunciato l'inizio delle trattative per il contratto di lavoro con la United Steelworkers Local 1123, previste per il 18 agosto 2025. L'attuale accordo, che riguarda circa 1.200 dipendenti sindacalizzati presso le operazioni dell'azienda a Canton, Ohio, scadrà il 29 settembre 2025.

Il CEO Mike Williams ha sottolineato l'impegno dell'azienda a raggiungere un accordo equo che rispecchi la loro visione, garantendo al contempo la sicurezza del posto di lavoro. L'azienda manterrà la trasparenza comunicativa attraverso aggiornamenti periodici sul proprio sito web a partire dal 7 agosto 2025, ma eviterà ulteriori commenti fino al termine delle trattative.

Metallus (NYSE: MTUS) anunció el inicio de las negociaciones del contrato laboral con United Steelworkers Local 1123, programadas para comenzar el 18 de agosto de 2025. El acuerdo actual, que cubre a aproximadamente 1,200 empleados sindicalizados en las operaciones de la empresa en Canton, Ohio, expirará el 29 de septiembre de 2025.

El CEO Mike Williams enfatizó el compromiso de la empresa de alcanzar un acuerdo justo que esté alineado con su visión y que garantice la seguridad laboral. La empresa mantendrá la transparencia en la comunicación mediante actualizaciones periódicas en su sitio web a partir del 7 de agosto de 2025, pero se abstendrá de hacer comentarios adicionales hasta que concluyan las negociaciones.

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Metallus (NYSE : MTUS) a annoncé le début des négociations du contrat de travail avec le syndicat United Steelworkers Local 1123, prévues pour le 18 août 2025. L'accord actuel, qui concerne environ 1 200 employés syndiqués sur les sites de l'entreprise à Canton, Ohio, expirera le 29 septembre 2025.

Le PDG Mike Williams a souligné l'engagement de l'entreprise à parvenir à un accord équitable conforme à leur vision tout en assurant la sécurité de l'emploi. L'entreprise assurera la transparence de la communication par des mises à jour périodiques sur son site web à partir du 7 août 2025, mais s'abstiendra de tout commentaire supplémentaire jusqu'à la conclusion des discussions.

Metallus (NYSE: MTUS) gab den Beginn der Tarifvertragsverhandlungen mit der United Steelworkers Local 1123 bekannt, die am 18. August 2025 starten sollen. Der derzeitige Vertrag, der etwa 1.200 tarifgebundene Mitarbeiter an den Standorten des Unternehmens in Canton, Ohio, umfasst, läuft am 29. September 2025 aus.

CEO Mike Williams betonte das Engagement des Unternehmens, eine faire Vereinbarung zu erzielen, die mit ihrer Vision übereinstimmt und gleichzeitig die Arbeitsplatzsicherheit gewährleistet. Das Unternehmen wird ab dem 7. August 2025 regelmäßige Updates auf seiner Webseite bereitstellen, jedoch bis zum Abschluss der Verhandlungen keine weiteren Kommentare abgeben.

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CANTON, Ohio, July 17, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), and the United Steelworkers will begin discussions on August 18, 2025, regarding the current labor agreement that is set to expire on September 29, 2025. The current agreement covers approximately 1,200 bargaining employees at the company's Canton, Ohio operations.

"Our objective is to reach a fair and equitable agreement that aligns with the company's vision while ensuring job security for our employees," said Mike Williams, chief executive officer of Metallus. "We aim for a timely resolution and to achieve outcomes that are beneficial for our employees, the company, and our customers. We remain committed to maintaining sustainable profitability through all cycles while prioritizing safe and responsible operations every day."

Consistent with prior practice, the company will refrain from further comment until discussions conclude. Periodic updates will be posted at  beginning August 7, 2025.

ABOUT METALLUS INC. 
Metallus (NYSE: MTUS) manufactures high-performance specialty metals from recycled scrap metal in Canton, OH, serving demanding applications in industrial, automotive, aerospace & defense and energy end-markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and manufactured components. In the business of making high-quality steel for more than 100 years, Metallus' proven expertise contributes to the performance of our customers' products. The company employs approximately 1,880 people and had sales of $1.1 billion in 2024. For more information, please visit us at .

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SOURCE Metallus Inc.

FAQ

When do Metallus (MTUS) and United Steelworkers begin contract negotiations in 2025?

Metallus and United Steelworkers will begin contract negotiations on August 18, 2025, with the current agreement set to expire on September 29, 2025.

How many employees are covered under the Metallus (MTUS) labor agreement in Canton, Ohio?

The current labor agreement covers approximately 1,200 bargaining employees at Metallus's Canton, Ohio operations.

Where can investors find updates on Metallus (MTUS) labor negotiations?

Updates on the labor negotiations will be posted periodically at https://metallus.com/agreement_2025/ beginning August 7, 2025.

What is Metallus (MTUS) CEO's stance on the upcoming labor negotiations?

CEO Mike Williams stated the objective is to reach a fair and equitable agreement that aligns with the company's vision while ensuring job security for employees, maintaining sustainable profitability, and prioritizing safe operations.
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Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
United States
CANTON