Stock Data
$0.28 (3.44%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
ELECTRICAL EQUIPMENT & PARTS
GrafTech International Ltd specializes in creating graphite and carbon-based products used globally. Founded in 1886 and based in Brooklyn Heights, Ohio, the company's main offerings include graphite electrodes essential for electric arc furnace steel production, and petroleum needle coke, crucial for both graphite electrodes and synthetic graphite manufacturing. GrafTech markets its products through a mix of direct sales, independent representatives, and distributors, catering to the steel industry and other metal producers.
GrafTech beat earnings and revenue estimates while signaling a pricing turnaround: volume surged 8% year-over-year, but a 7% price decline created the loss. The graphite electrode maker is now pushing aggressive price increases on new orders and expects Q2 cash burn to be the peak for the year.
0 Articles
No articles found for Graftech International.
Our top personal finance-related articles today. Your wallet will thank you later.
