---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-038043"
form_type: "8-K"
ticker: "MTUS"
cik: "0001598428"
company_name: "Metallus Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:21:48.228434+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TimkenSteel Q2 net sales $356.6M, adj. EBITDA $50.5M; sequential improvement but YoY decline

## Summary
- Net sales $356.6M (+10% seq); net income $28.9M ($0.62 diluted EPS).
- Adjusted net income $27.6M ($0.60); adjusted EBITDA $50.5M.
- Ship tons 177,500 (+3% seq, -15% YoY); industrial shipments driving sequential growth.
- Operating cash flow $13.3M; cash $221.9M; spent $11.4M on share buybacks and $8.1M capex.
- Approved $5M investment for two new machining lines to support electric vehicle components.

## SEC filing metadata
- accession: 0000950170-23-038043
- form_type: 8-K
- ticker: MTUS
- cik: 0001598428
- company_name: Metallus Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598428/000095017023038043/0000950170-23-038043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598428/000095017023038043/tmst-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-038043
- JSON: https://secwatch.observer/filing/0000950170-23-038043.json
- Plain text: https://secwatch.observer/filing/0000950170-23-038043.txt

## Key facts
- Earnings Releases
  Metallus Inc. reported second quarter of 2023 results: revenue $356.6 million, net income $28.9 million, or $0.62 per diluted share, EPS $0.62 per diluted share.
  - Period: second quarter of 2023
  - Revenue: $356.6 million
  - Net income: $28.9 million, or $0.62 per diluted share
  - EPS: $0.62 per diluted share
  - Result: reported results
  source text: TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported second-quarter 2023 net sales of $356.6 million and net income of $28.9 million, or $0.62 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598428/000095017023038043/0000950170-23-038043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.