GrafTech International is trading at $7.88, up 10.52%, as its minimum 30% graphite-electrode price increase supports expectations for stronger realizations and margins across the industry.
- Shares extended the September 15 rally, when they closed at $7.13, up 7.06%.
- The September 8 pricing announcement is effective immediately for open commercial negotiations.
- Broader markets are modestly positive, but the company-specific announcement remains the clearest explanation.