GrafTech International reported solid third-quarter 2025 results, achieving a 9% year-over-year sales volume increase and significant cash flow generation, despite a challenging market landscape.

• Sales volume reached nearly 29,000 metric tons, reflecting a strategic shift towards high-value U.S. markets with a 53% year-over-year increase.
• Cash cost per metric ton decreased by 10%, with a projected total reduction exceeding 30% by year-end 2025.
• Generated positive adjusted EBITDA of $13 million and $25 million in net cash from operating activities, strengthening liquidity to $384 million.
• Anticipated growth in the U.S. steel demand (1.8% in 2026) and supportive EU trade policies signal a potential rebound in the steel markets.
• Ongoing discussions with customers hint at continued market share gains alongside improving demand dynamics.