GrafTech International Ltd. EAF

Company Overview

GrafTech International Ltd. is a global manufacturer of graphite electrodes, a critical consumable used primarily in electric arc furnace (EAF) steelmaking. The company operates within the advanced carbon materials and steel supply chain industries, supplying products that enable steel producers to melt scrap steel efficiently. GrafTech’s core revenue driver is the sale of graphite electrodes under long-term and spot contracts to steel manufacturers, particularly those operating EAFs, which are increasingly favored for their lower carbon intensity compared to traditional blast furnaces.

GrafTech traces its roots back more than a century through predecessor businesses involved in carbon and graphite technologies, with its modern corporate structure formed through a series of mergers and restructurings prior to becoming a standalone public company in 2018. The company is known for its vertically integrated model, which includes in-house production of petroleum needle coke, a key raw material, providing cost stability and supply security that differentiates it from many competitors.