Suncoke Energy Extends Granite City Cokemaking Agreement
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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.
