GRAFTECH INTERNATIONAL LTD (EAF)
Industrials · Graphite electrode manufacturing for EAF steelmaking · NYSE
Vertically integrated graphite electrode and petroleum needle coke producer serving EAF steelmakers globally, currently facing pricing pressure and cyclical industry headwinds.
What GRAFTECH INTERNATIONAL LTD does
GrafTech International is a leading manufacturer of high-quality graphite electrodes and petroleum needle coke, primarily for use in electric arc furnace (EAF) steel production. The company operates graphite electrode manufacturing facilities in Calais (France), Pamplona (Spain), and Monterrey (Mexico), and is substantially vertically integrated into petroleum needle coke production—its key raw material. Graphite electrodes are essential consumables in EAF steel production, acting as electricity conductors to generate heat for melting scrap metal and other raw materials into steel and other ferrous and non-ferrous metals.
Themes: ["EAF steel production / steelmaking","Graphite electrode manufacturing","Vertically integrated petroleum needle coke supply"]
Fundamentals
- Price$5.76 as of 2026-07-09 close
- Market cap$150M as of 2026-07-10
- 1-year return-38.8% as of 2026-07-09 close
- Net margin-43.3% as of 2026-07-10
- Gross margin-5.6% as of 2026-07-10
- ROE-271.4% as of 2026-07-10
- Debt / equity57.16 as of 2026-07-10
- Revenue growth (YoY)+0.7% as of 2026-07-10
- Revenue CAGR (3y)-26.7% SEC XBRL
- Beta1.88 as of 2026-07-10
Dividend: yield +1.6%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on global EAF steel industry and its cyclical nature; depressed graphite electrode prices and overcapacity in the global graphite electrode industry may continue to adversely affect profitability and liquidity.","Critical reliance on single Monterrey facility for connecting pin manufacturing and dependence on cost and availability of key inputs including decant oil, petroleum needle coke, energy and freight; disruptions could significantly impact operations.","Substantial exposure to foreign exchange rate fluctuations and political, economic and regulatory risks across multiple countries where operations are concentrated (France, Spain, Mexico, US)."]
Competitors & peers
- Showa Denko (Japan)
- Jilin Carbon (China)
- SEC Carbon (now Energoprom, Russia/Belarus)
- Tokai Carbon (Japan)
- Chevron Corporation (petroleum needle coke)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.