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EAF — GrafTech International News Story

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GrafTech rises after Q3 sales tops estimates

** Shares of graphite electrode maker GrafTech International EAF.N rise 1.04% to $17.56 in choppy premarket trading

** Co's Q3 sales beat estimates, as per LSEG data

** EAF's year-on-year sales in U.S. grow 53%, co says it reflects a strategic shift towards the region

** "We remain confident that the steel industry’s transition toward electric arc furnace technology and broader decarbonization trends will drive sustained demand for our graphite electrodes," says EAF CEO Timothy Flanagan

** GrafTech also expects a 10% decline in its cost of goods sold per MT for 2025

** EAF reports Q3 loss, narrower than Wall Street expectations

** Average analyst rating on shares is "hold", according to data compiled by LSEG

** YTD, up to last close, stock down 0.4%, while the NYSE composite index .NYA is up 13.2%

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))

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