GrafTech International Q1 Earnings Call Highlights

GrafTech announced on March 26 that it is increasing graphite electrode prices by a minimum of $600 to $1,200 per metric ton, depending on region. Flanagan characterized the change as roughly a $1 to $2 per ton-of- steel impact, or "less than one half of 1% of the cost to produce a ton of steel," applying only to volume not yet committed at the time of the announcement. Flanagan reiterated management's view that graphite electrode pricing has not reflected the importance of electrodes to electric arc furnac ...

GrafTech International Q1 Earnings Call Highlights - Reportify