“We are extremely proud of the company we have built over the past decade since becoming an independent company,” said TimkenSteel president and chief executive officer Mike Williams.

 “Our long history as a leading producer of high-quality steel products has been a testament to the dedication and hard work of our employees, working together to serve our customers and benefit our local communities. As we continue to build on this legacy, we are excited to announce that we are rebranding ourselves as Metallus, marking a pivotal milestone in our evolution.”
TimkenSteel said the name is derived from a combination of the words metallurgy and qualis, which itself comes from the Latin word for quality. 

“The spelling of qualis was intentionally altered to incorporate ‘-us’ at the end of the name, reinforcing Metallus’ longstanding partnerships and the power of what can be achieved together,” TimkenSteel said. 

As part of the name change, TimkenSteel will trade on the NYSE as MTUS, beginning on 27 February. Its current ticker symbol is TMST. 

“This change underscores our commitment to profitable growth and reflects the inherent strength of our business, exceptional products, valuable partnerships, and, most importantly, our vision for the future,” Williams said.