GrafTech International Ltd. (NYSE:EAF)

GrafTech International Ltd. (EAF) is a small company that specializes in electric arc furnaces, helping steel manufacturers use this process as efficiently and effectively in their business.

The company has positioned itself as a technology leader with more than 150 patents and patent applications.

EAF works with steel customers around the world and has experience with steel furnaces in more than 50 different countries.

In addition to providing its own expertise and licensing the patented technology, EAF also provides specialty graphite electrodes that are used in the furnaces.

These electrodes allow the electric currents to pass through the steel perfectly to provide the best efficiency and the highest quality final product.

Selling the electrodes to customers around the world allows EAF to generate recurring revenue from the different steel plants that it serves.

And as manufacturing picks up following the coronavirus crisis, business should increase sharply!

That's why EAF makes for such a great buyout target right now.

As the entire world ramps up manufacturing, steel demand is surging.

Meanwhile, the Biden administration is pushing for more environmentally responsible standards across many industries here in the U.S. (This is a global trend that is changing the way steel is produced from Europe to China and everywhere in between).

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