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GrafTech International To Close Its Graphite Electrode Manufacturing Facility In Monterrey, Mexico; Monterrey Facility Production Expected To Conclude Early In Q2 2027; Expects Annual Capital Expenditure Requirements To Decrease By $5M Beginning In 2027; Expects Total One-Time Cash Costs Of $20M-$25M, Majority By End Of 2027
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GrafTech International shares are trading higher after the company announced that it has informed customers of a minimum increase of 30% in graphite electrode prices, effective immediately for all open commercial negotiations.
GrafTech International Raises Prices By 30% For Graphite Electrode, Effective Immediately
GrafTech International Ltd. (NYSE:EAF) today announced that it has informed customers of a minimum increase of 30% in graphite electrode prices, effective immediately for all open commercial negotiations.The price