Graftech International shares surge 10.68% intraday after announcing a 15% price increase on uncontracted orders and restructuring regional business.

Graftech International Ltd. surged 10.68% intraday, driven by its status as a leading global graphite electrode manufacturer with vertical integration advantages in petroleum needle coke, a core raw material for electrode production. The company also announced a 15% price increase for uncontracted orders starting in early 2025 and plans to adjust regional business structures to boost average selling prices. Additionally, the stock's volatility reached 8.85% on July 14, with trading volume increasing by 338,000 shares, indicating a short-term upward trend.