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07 May
15:08

GrafTech sees "dramatic" profit increase in Q1

US graphite electrode producer GrafTech International returned to profitability year on year in the first quarter, Kallanish understands. The company reported a net profit of $223.67 million on sales of just $451.9m in Q1, up from a loss of $26.34m on sales of $104.74m in Q1 2017. The company attributes that “dramatic” year on year gain to higher realised pricing. “We are very pleased with the strong start to the year. Our company has been f…
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