News & Events zu GrafTech International Ltd (EAF)EAFGrafTech International Ltd

Stock Futures Lower as Oil Prices Climb to $115

Stock futures are lower as markets look to stabilize after a sharp technology-led selloff, while rising oil prices and escalating Middle East tensions keep investors on edge. Investors are increasingly demanding evidence that massive capital investments will translate into sustainable profits, with next week's results from Microsoft, Alphabet and Amazon likely to provide important signals. Telecommunications stocks are also in focus after reports that SpaceX is discussing plans to launch a nationwide wireless carrier.Oil prices are climbing to their highest levels since May, with Brent crude near $115 a barrel and West Texas Intermediate above $101, as uncertainty over efforts to resume U.S.-Iran negotiations raises concerns about further supply disruptions. Treasury yields fell sharply Thursday as investors sought safety amid the equity selloff, with the 10-year yield dropping below 5% for the first time in nearly a month.In pre-market trading, S&P 500 futures fell 0.37%, Nasdaq futures fell 0.19% and Dow futures fell 0.77%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -RingCentralup 15%Robert Halfup 8%Rithm Capitalup 5%GrafTechup 2%SLBup 2%Gorman-Ruppup 1%First Citizensup 1%Booz Allenup 1%DOWN AFTER EARNINGS -Infosysdown 8%Flagstar Bankdown 7%Deckers Outdoorsdown 7%Autolivdown 5%Bloom Energydown 4%VeriSigndown 3%American Expressdown 2%Western Digitaldown 2%

GrafTech Expects 5-10% Increase in Graphite Electrode Sales Volume for 2026

The company said, "Global steel demand, outside of China, is projected to grow modestly in 2026, with anticipated growth in many of our key commercial regions. In the United States, modest demand growth, coupled with favorable trade policies, has driven a 6% increase in steel production year-to-date through August. In Europe, while steel production is flat over this period, the steel market outlook is improving, reflecting recently approved increases in trade protections. Based on current steel market conditions, we continue to expect modest growth in graphite electrode demand for the FY26. For GrafTech, we are maintaining our expectation for a 5-10% year-over-year increase in graphite electrode sales volume as we continue to gain market share. We are encouraged by improving pricing trends across our key commercial regions and believe we have reached an inflection point in our realized pricing. During the Q3 and early in the fourth quarter, we have secured customer commitments at higher price levels than comparable commitments secured in earlier periods. We expect these higher-priced commitments to contribute to improved realized graphite electrode pricing as they begin to flow through our results. For the fourth quarter, we anticipate a mid-single-digit percentage increase in our weighted-average realized pricing compared to the third quarter. We believe this momentum, together with our disciplined commercial approach and ongoing efforts to optimize our product and customer mix, positions us for meaningfully higher realized pricing in 2027. We remain focused on supporting sustainable pricing improvement through our previously announced price increases, trade enforcement efforts in key jurisdictions and strategic actions to better align industry supply with market demand, including our recently announced plan to close our Monterrey, Mexico manufacturing facility. Despite continued cost pressures from oil-based raw materials, energy and logistics, our ongoing cost reduction and operational efficiency initiatives are expected to offset these headwinds. Accordingly, we continue to expect a low-single-digit percentage decline in our cash cost of goods sold per MT for 2026 compared to 2025. We remain focused on disciplined capital spending and working capital management. For 2026, we continue to expect a modest increase in working capital to support higher sales volume. We also continue to anticipate full-year capital expenditures of approximately $35M."

GrafTech Reports Q3 Revenue of $140M, Exceeds Expectations

Reports Q3 revenue $140M, consensus $126.67M. "Our Q3 results reflect continued progress in executing our operational and commercial priorities," said Timothy Flanagan, CEO and President. "Pricing momentum across our key commercial regions reinforces our confidence that our realized pricing has reached an inflection point, positioning us for meaningfully higher realized pricing in 2027." "During the quarter we announced the planned closure of our Monterrey, Mexico manufacturing facility, a significant step toward improving GrafTech's long-term competitiveness and financial performance," continued Flanagan. "The closure will better align our production capacity with market demand, lower costs and improve operating efficiency. Combined with our ongoing commercial and operational initiatives, this action will strengthen our foundation for sustainable, long-term profitability."