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26 Feb
18:08

GrafTech sees modest steel growth in 2016

US electric arc furnace electrode producer GrafTech expects only shallow steel market improvement in 2016, necessitating careful cost management, the company says in its fourth-quarter earnings review. GrafTech posted an adjusted net loss of $23m on sales of $154m in Q4, down from an adjusted profit of $8m on sales of $260m in Q4 2014. The company was purchased in August by Brookfield Asset Management Inc, creating full-year results that were “… …
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