31
Jul
01:00
GrafTech production rates to decline further on weak EAF demand
GrafTech is encountering negative sentiment from its steel customers as they face excess global supply, weak end market demand, and high export levels from China. As a result, its graphite electrode production rates are expected to drop from an average of 84% in the first half of the year to just 60% in the second half, Kallanish learns.
The graphite electrode producer narrowed its quarterly net loss from $155.4m in Q2 2014 to $22.8m in Q2 2015, even as sale…
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Anonymous
Very good overview of the weekly steel market.
Anonymous