Metallus, Inc traded at $20.41 this Friday October 23rd, increasing $0.30 or 1.49 percent since the previous trading session. Looking back, over the last four weeks, Metallus gained 7.76 percent. Over the last 12 months, its price rose by 13.96 percent. Looking ahead, we forecast Metallus, Inc to be priced at 19.98 by the end of this quarter and at 18.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
Metallus Inc., formerly TimkenSteel Corporation, manufactures alloy steel, as well as carbon and micro-alloy steel using electric arc furnace (EAF) technology. The Companys portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing (tubes), manufactured components, such as precision steel components, and billets. The Company manages raw material recycling programs, which are used internally as a feeder system for its melt operations and allow it to sell scrap not used in its operations to third parties. The Companys products and solutions are used in a range of demanding applications in various market sectors, including automotive; oil and gas; industrial equipment; mining; construction; rail; defense; heavy truck; agriculture, and power generation. Its production of manufactured components takes place at two downstream manufacturing facilities: Tryon Peak (Columbus, North Carolina) and St. Clair (Eaton, Ohio).