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28 Feb

Metallus expects higher automotive demand, wins Army contract

Metallus forecasts strong growth in aerospace and military sales, including a new contract from the US Department of Defense, fueling its profitability this year, Kallanish discovers from the company’s earnings report. The Ohio company formerly known as TimkenSteel foresees strength from the electric vehicle market and other public and private segments.  “Automotive demand has remained resilient and is forecasted to increase in 2024,” Meta…
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