GrafTech International is trading 5.34% down now at $6.73 after JPMorgan reiterated its Underweight rating following the company’s permanent Monterrey, Mexico plant closure announcement.
- The shutdown is expected to conclude in early Q2 2027.
- Annual graphite-electrode capacity is expected to fall by approximately 51,000 metric tons, from 178,000 to 127,000 tons.
- The move reflects persistent global overcapacity and pricing pressure, reinforcing investor concerns about the company’s shrinking operating footprint and financial outlook.