GrafTech International Ltd. provided sales guidance for the year 2024. As the company enter 2024, it expects demand for graphite electrodes in the near term will remain weak, reflecting persistent softness in the commercial environment as steel industry production remains constrained by global economic uncertainty. However, the company anticipates a modest year-over-year improvement in sales volume for 2024, most notably in the first quarter of 2024, as the first quarter of 2023 was significantly impacted by the temporary suspension of Monterrey, Mexico facility.
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- GrafTech International Ltd. Provides Sales Guidance for the Year 2024