SunCoke and Cleveland-Cliffs Renew Cokemaking Partnership
Written by Emily J. Thompson, Senior Investment Analyst
Contract Extension: SunCoke Energy and Cleveland-Cliffs have extended their cokemaking agreement for three years, starting January 1, 2026.
Annual Supply: SunCoke will supply 500 thousand tons of metallurgical coke annually from its Haverhill facility in Ohio.
Partnership Affirmation: The agreement reinforces the long-term partnership between SunCoke and Cleveland-Cliffs, as stated by SunCoke's CEO, Katherine Gates.
Similar Provisions: Key terms of the new contract will mirror those of the existing agreements related to the Haverhill facility.
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Analyst Views on SXC
Wall Street analysts forecast SXC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SXC is 10.00 USD with a low forecast of 10.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 7.820
Low
10.00
Averages
10.00
High
10.00
Current: 7.820
Low
10.00
Averages
10.00
High
10.00
About SXC
SunCoke Energy, Inc. supplies coke to domestic and international customers. The Company’s segments include Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of coke-making facilities and heat recovery operations at its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants. The Brazil segment consists of coke making operations located in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke making facility for a Brazilian subsidiary of ArcelorMittal S.A. The Logistics segment consists of Convent Marine Terminal (CMT), Kanawha River Terminal (KRT) and SunCoke Lake Terminal (Lake Terminal). Its terminals act as intermediaries between its customers and end users by providing transloading and mixing services. CMT is located in Convent, Louisiana, with access to seaborne markets for coal and other industrial materials. It also provides electric arc furnace (EAF) services and mission-critical mill services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SunCoke Energy to Release Q4 2025 Results and 2026 Guidance
- Earnings Release Plan: SunCoke Energy plans to release its Q4 2025 financial results and 2026 guidance on February 17, 2026, before market opens, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: The quarterly earnings call is scheduled for 11:00 AM ET on the same day, allowing investors to dial in and participate, thereby enhancing engagement with stakeholders.
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- Logistics Capacity: The company's logistics terminals have the capacity to handle over 40 million tons of material annually, strategically located to effectively serve the U.S. East Coast, Gulf Coast, and international markets, enhancing competitive positioning.
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