tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Suncoke Energy Extends Granite City Cokemaking Agreement

Story Highlights
  • SunCoke and U.S. Steel extended their Granite City cokemaking agreement through 2026.
  • The 2026 extension covers about 590,000 tons of coke, sustaining key volumes and steam supply obligations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suncoke Energy Extends Granite City Cokemaking Agreement

Claim 50% Off TipRanks Premium

Suncoke Energy ( (SXC) ) has issued an update.

On January 22, 2026, SunCoke Energy, Inc. announced that it had agreed with United States Steel Corporation to extend their Granite City, Illinois cokemaking agreement for one year, covering the period from January 1 to December 31, 2026. Under the extension, SunCoke will produce and deliver approximately 590,000 tons of metallurgical coke to U.S. Steel during 2026 while maintaining its existing minimum steam supply obligations, preserving a key long-term commercial relationship and providing continued volume visibility for SunCoke’s Granite City operations and supply stability for U.S. Steel.

The most recent analyst rating on (SXC) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Suncoke Energy stock, see the SXC Stock Forecast page.

Spark’s Take on SXC Stock

According to Spark, TipRanks’ AI Analyst, SXC is a Neutral.

The score is primarily weighed down by weakening financial performance—especially margin compression, negative revenue trend, and sharply lower free cash flow. Technicals are constructive but overbought signals raise near-term risk, while valuation is a relative positive due to the low P/E and high dividend yield. The latest earnings call and events add caution given the guidance cut and expected free-cash-flow hit from the customer breach, partially offset by liquidity and anticipated 2026 integration benefits.

To see Spark’s full report on SXC stock, click here.

More about Suncoke Energy

SunCoke Energy, Inc. is a producer and supplier of high-quality metallurgical coke used primarily in blast furnace steel production and foundry cast iron, serving domestic and international steelmakers largely under long-term take-or-pay contracts. The company employs heat-recovery cokemaking technology that captures excess heat for steam or power generation and operates facilities in Illinois, Indiana, Ohio, Virginia and Brazil, alongside an industrial services business that provides bulk material handling, logistics, slag handling, and related services to coke, coal, steel, power and other industrial customers across key U.S. and export corridors.

Average Trading Volume: 1,272,195

Technical Sentiment Signal: Sell

Current Market Cap: $661.2M

Learn more about SXC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1