05
Feb
13:46
GrafTech nets $434m profit in 2020
US graphite electrode producer GrafTech International saw its earnings slip in 2020 due to the Covid-19 pandemic, but the company remains solidly in the green, Kallanish reports.
GrafTech earned $434 million on sales of $1.2 billion in 2020, down from a profit of $744.6m on sales of $1.8 billion in 2019.
“The current market for graphite electrodes continues to be competitive, as our industry lags the improving fundamentals in the steel industry. If the stre…
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Anonymous
Very good overview of the weekly steel market.
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