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News Releases

DATE TITLE
Jun 21, 2022
Universal Stainless Resumes Operations at Bridgeville, PA Melt Shop
BRIDGEVILLE, Pa. , June 21, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc.   today reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in
Apr 20, 2022
Universal Stainless Reports First Quarter 2022 Results
Quarter-end Backlog jumps to record $201.8 million , up 50% from Q4 2021 and 248% from Q1 2021 Q1 2022 Sales up 10.0% sequentially; Premium alloy sales up 26.9% from Q4 2021 Q1 2022 Gross margin is 8.5% of sales including AMJP grant benefit Q1 2022 Net loss is $1.6 million , or $0.18 per diluted
Apr 11, 2022
Universal Stainless to Webcast First Quarter 2022 Conference Call on April 20th
BRIDGEVILLE, Pa. , April 11, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2022 on Wednesday, April 20, 2022 . In conjunction with the earnings release, the Company will host a
Apr 11, 2022
Universal Stainless Reports Liquid Metal Spill in Bridgeville, PA Melt Shop
-    No Injuries Resulted From Spill -    Clean Up and Damage Assessment Underway -    All Other Bridgeville Production Units Continue To Operate BRIDGEVILLE, Pa. , April 11, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc.   today reported that a liquid metal spill occurred
Apr 05, 2022
Universal Stainless Names Steven DiTommaso as Vice President and CFO
BRIDGEVILLE, Pa. , April 05, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Steven V. DiTommaso has been named Vice President and Chief Financial Officer of the Company, effective April 1, 2022 . Mr.
Apr 04, 2022
Universal Stainless Announces Base Price Increase on Plate Products
BRIDGEVILLE, Pa. , April 04, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 7% to 12% on plate products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Mar 22, 2022
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , March 22, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on bar products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Mar 07, 2022
Universal Stainless Increases Nickel Premium Surcharge
BRIDGEVILLE, Pa. , March 07, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that it will be increasing the nickel premium used in its raw material surcharge calculation from $0.38 /lb to $1.70 /lb for AOD grades and to $2.70 /lb for VIM grades.
Feb 21, 2022
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , Feb. 21, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on bar products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Feb 02, 2022
Universal Stainless to Present at Cowen and Company 43rd Annual Aerospace/Defense & Industrials Virtual Conference on February 9th
Presentation to be Webcast and Archived BRIDGEVILLE, Pa. , Feb. 02, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates , Chairman, President and Chief Executive Officer, will present at the Cowen and Company 43 rd Annual