SunCoke Energy
SunCoke Energy is the largest independent producer of high-quality metallurgical coke in the Americas, supplying major steel manufacturers through long-term take-or-pay contracts and operating a logistics segment via its Phoenix Global acquisition.
- Company typePublic
- Founded1960
- HeadquartersLisle, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What SunCoke Energy does
SunCoke Energy, Inc. is the largest independent producer of high-quality metallurgical coke in the Americas, founded in 1960 and publicly traded on the NYSE under ticker SXC since its 2011 IPO. The company serves domestic and international steel manufacturers, supplying metallurgical coke — a critical input for blast furnace steelmaking — through long-term take-or-pay contracts with major integrated steel producers including Cleveland-Cliffs (500,000 tons annually from Haverhill under a 3-year extension starting January 2026) and U.S. Steel (Granite City extension through December 31, 2026). SunCoke operates cokemaking facilities across Illinois, Indiana, Ohio, Virginia, and Brazil, employing proprietary heat-recovery technology that captures waste heat from the cokemaking process for power generation or other industrial uses.
The company operates two reportable segments. The Domestic Coke segment produces metallurgical coke under contract-based pricing with multi-year billing cycles; sales volumes are projected to decline from 3.668 million tons in 2025 to 3.4 million tons in 2026 due to the Haverhill I facility idling (Algoma breach) and the Middletown turbine outage. The Industrial Services segment was materially expanded by the August 2025 acquisition of Phoenix Global for $325 million, adding logistics and terminal handling operations in Louisiana; this segment surged 91.2% to $26.2M in Q1 2026.
Revenue is generated almost entirely through direct B2B enterprise sales under take-or-pay contracts, providing contractual revenue floors within minimum-volume commitments but exposing the company to individual counterparty credit and operational risk — as evidenced by the Algoma breach, which contributed to a $53.6M FY2025 Adjusted EBITDA decline to $219.2M. The go-to-market motion is relationship-driven account management with steel-industry procurement counterparts, supplemented by investor relations channels rather than mass marketing. Q1 2026 revenue was $455.1M, with FY2026 Adjusted EBITDA guidance reaffirmed at $230–250M.
SunCoke Energy firmographics
Firmographics- Name
- SunCoke Energy
- Legal name
- SunCoke Energy, Inc.
- Website
- https://suncoke.com
- Company type
- Public
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- SunCoke Energy is the largest independent producer of high-quality metallurgical coke in the Americas, supplying major steel manufacturers through long-term take-or-pay contracts and operating a logistics segment via its Phoenix Global acquisition.
- Ownership category
- akta.pro rank
SunCoke Energy industry classification
Industry- Product category
- Metallurgical Coke Manufacturing
- NAICS
- Petroleum and Coal Products Manufacturing (324)
- SIC
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) (3312), Industrial Process Furnaces & Ovens (3567)
- akta.pro primary industry
- Coal & Metallurgical Coke Marketing & Trading (IMAKAJAH)
- akta.pro secondary industry
- Coal & Coke Terminals (TLAHABAC)
Keywords
Where SunCoke Energy is headquartered
LocationHeadquarters
- HQ city
- Lisle
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
SunCoke Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D
Revenue model
- Domestic Coke Sales: Revenue from producing and selling metallurgical coke to domestic steel manufacturers through long-term take-or-pay contracts. The Domestic Coke segment reported Adjusted EBITDA of $35.3M in Q1 2026, with 56,000-ton volume declines impacting results. Coke sales volumes expected to drop to 3.4 million tons in 2026 from 3.668 million in 2025.
- Industrial Services (Phoenix Global): Revenue from logistics and terminal operations following the $325M Phoenix Global acquisition in 2025. The Industrial Services segment surged 91.2% to $26.2M in Q1 2026 driven by Phoenix contribution. Includes handling and logistics services for industrial materials at terminals in Louisiana and other locations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Contract-based pricing through long-term cokemaking agreements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
SunCoke Energy product offering
Product offeringCore offering
SunCoke Energy produces and supplies high-quality metallurgical coke to domestic and international steel manufacturers using proprietary heat-recovery cokemaking technology, operating cokemaking facilities across Illinois, Indiana, Ohio, Virginia, and Brazil under long-term take-or-pay contracts. The company also provides industrial logistics and terminal handling services for industrial materials through its Phoenix Global subsidiary, acquired in 2025.
Product overview
SunCoke Energy operates as a diversified coke and logistics company with two primary business segments. The core Domestic Coke segment produces metallurgical coke for the steel industry using heat-recovery cokemaking technology, operating facilities across Illinois, Indiana, Ohio, and Brazil under long-term take-or-pay contracts with major steel producers. The Industrial Services segment, significantly expanded through the 2025 acquisition of Phoenix Global for $325 million, provides logistics and terminal services for industrial materials, with operations in Louisiana. The company continues to pursue international market expansion and electric arc furnace capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Phoenix Global: Industrial services and logistics business acquired by SunCoke Energy in 2025, providing terminal and logistics services.
Products and services
- Domestic Coke (Metallurgical Coke)
Quantifiable outcome
- Industrial Services segment grew 91.2% to $26.2M in Q1 2026 driven by Phoenix Global acquisition
- +2 more outcomes
Companies that use SunCoke Energy
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles2 records
SunCoke Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
SunCoke Energy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- United States Steel CorporationcoreSunCoke Energy extended its cokemaking agreement with U.S. Steel for an additional year, through December 31, 2026, continuing to supply metallurgical coke from its Granite City facility. The agreement provides revenue stability for SunCoke, which operates long-term take-or-pay contracts and reported strong Q3 2025 earnings.
- Cleveland-Cliffs Inc.coreSunCoke Energy extended its cokemaking supply agreement with Cleveland-Cliffs for three years, effective January 1, 2026. Under the renewed contract, SunCoke will supply approximately 500,000 tons of metallurgical coke per year to Cleveland-Cliffs from its Haverhill cokemaking facility in Franklin Furnace, Ohio. The agreement largely mirrors the terms and conditions of the current Haverhill contracts, reinforcing the strength and durability of the partnership between the two companies.
- Phoenix GlobalcoreSunCoke Energy completed the acquisition of Phoenix Global for $325 million in August 2025 to diversify revenue streams into industrial services. Phoenix operates logistics terminals in Louisiana which serve as intermediaries for industrial materials. The acquisition contributed five months of results in 2025 and is expected to drive 2026 growth with Industrial Services segment surging 91.2% to $26.2M in Q1 2026.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
SunCoke Energy competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SunCoke Energy social profiles
Digital presenceSunCoke Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
SunCoke Energy leadership team
Management profileNumber of profiles
Profiles9 records
SunCoke Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
SunCoke Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SunCoke Energy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SunCoke Energy
What does SunCoke Energy do?
SunCoke Energy produces and supplies high-quality metallurgical coke to domestic and international steel manufacturers using proprietary heat-recovery cokemaking technology, operating cokemaking facilities across Illinois, Indiana, Ohio, Virginia, and Brazil under long-term take-or-pay contracts. The company also provides industrial logistics and terminal handling services for industrial materials through its Phoenix Global subsidiary, acquired in 2025.
Is SunCoke Energy a public or private company?
SunCoke Energy is a public company. It is classified as public and is currently operating.
When was SunCoke Energy founded?
SunCoke Energy was founded in 1960. It employs 1,001 to 5,000 people.
Where is SunCoke Energy based?
SunCoke Energy is headquartered in Lisle, United States, in the North America region.
How does SunCoke Energy make money?
Two revenue lines are on record. Domestic Coke Sales are the primary driver. The others are industrial Services (Phoenix Global).
Does SunCoke Energy have an API?
No public API is recorded for SunCoke Energy.
What industry is SunCoke Energy in?
SunCoke Energy's product category is Metallurgical Coke Manufacturing. Its primary akta.pro industry code is IMAKAJAH, Coal & Metallurgical Coke Marketing & Trading, with a secondary code of TLAHABAC, Coal & Coke Terminals. Its NAICS code is 324 and its SIC code is 3312.