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News Releases

DATE TITLE
Sep 01, 2023
Universal Stainless Reaches Labor Agreement at its Bridgeville Facility
BRIDGEVILLE, Pa. , Sept. 01, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has reached a new five-year collective bargaining agreement with the hourly employees at its Bridgeville facility represented by Local 9531 of the United
Aug 30, 2023
Universal Stainless to Present at 2023 Jefferies Industrials Conference on September 7th
- Presentation to be Webcast and Archived - BRIDGEVILLE, Pa. , Aug. 30, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Christopher M. Zimmer , Executive Vice President and Chief Operating Officer, and Steven V.
Aug 09, 2023
Dennis M. Oates of Universal Stainless to Receive 2023 Philadelphia Titan 100 Award
BRIDGEVILLE, Pa. , Aug. 09, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates , Chairman, President and CEO, has been selected as a 2023 Titan 100, one of Philadelphia’s Top CEO’s. The award is given for exceptional leadership,
Jul 31, 2023
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , July 31, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Jul 26, 2023
Universal Stainless Engages Baker Tilly as New Audit Firm
BRIDGEVILLE, Pa. , July 26, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP)  announced today that it has engaged Baker Tilly US, LLP (“Baker Tilly”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 .
Jul 26, 2023
Universal Stainless Reports Profitable Second Quarter 2023 Results
Q2 2023 Sales of $69.0 million , up 5% from Q1 2023, up 32% year-over-year; highest since Q2 2019 Q2 2023 Gross margin improves to $9.8 million , or 14.3% of sales Q2 2023 Operating income more than doubles to $3.1 million Company returns to profitability with net income of $0.9 million , or $0.10
Jul 07, 2023
Universal Stainless to Webcast Second Quarter 2023 Conference Call on July 26th
BRIDGEVILLE, Pa. , July 07, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2023 on Wednesday, July 26, 2023 . In conjunction with the earnings release, the Company will host a
Jun 01, 2023
Universal Stainless Names Richard Secola as Vice President of Supply Chain & Purchasing
BRIDGEVILLE, Pa. , June 01, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that Richard Secola has been named Vice President of Supply Chain & Purchasing for the Company. The appointment is effective immediately.
May 16, 2023
Universal Stainless Announces Base Price Increase on Plate Products
BRIDGEVILLE, Pa. , May 16, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on plate products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
May 10, 2023
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , May 10, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.