GrafTech International(EAF) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Q2 2025 sales volume increased by 12% year-over-year and 16% sequentially compared to Q1 2025[15] - Q2 2025 production volume increased by 10% compared to Q2 2024[30] - Q2 2025 net sales decreased by 4% compared to Q2 2024, due to lower weighted-average realized prices[30] - Q2 2025 adjusted EBITDA was $3 million[33] - Q2 2025 adjusted free cash flow was negative $53 million[33] - Q2 2025 cash costs per metric ton declined by 13% year-over-year[33] Steel Industry - Q2 2025 global steel production, excluding China, was 210 million tons, compared to 212 million tons in Q2 2024[27] - Steel capacity utilization rates in Q2 2025 were 67% globally (ex-China) and 77% in the U S[24] Liquidity and Debt - The company's liquidity as of June 30, 2025, was $367 million[36] - The company has substantially no debt maturities until December 2029[36]