06
Feb
15:11
GrafTech profits, sales fall in 2019
US graphite electrode producer GrafTech International saw both earnings and sales slip on-year in 2019, Kallanish reports.
GrafTech earned $745 million on sales of $1.8 billion in 2019, down from earnings of $854m on sales of $1.9 billion in 2018.
The company attributes the drops to “...lower sales volume, reflecting demand as influenced by lower crude steel production levels.”
However, throughput business remains strong and a significant…
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