Metallus(MTUS) - 2025 Q1 - Quarterly Results

• Net sales of $280.5 million increased 17 percent compared with$240.5 million in the fourth quarter 2024. The increase in net sales was primarily driven by higher shipments and an increase in raw material surcharge revenue per ton due to higher scrap and alloy prices. Compared with the first quarter of 2024, net sales decreased by 13 percent on unfavorable product mix, lower average base sales (1) prices and lower raw material surcharge revenue per ton. 1 Exhibit 99.1 • Net sales of $280.5 million, an inc ...