GRAFTECH INTERNATIONAL SEEKS INVESTIGATION INTO POTENTIAL UNFAIR PRICING OF GRAPHITE ELECTRODES IMPORTED FROM CHINA AND INDIA TO BRAZIL

Written by Emily J. Thompson, Senior Investment Analyst

Source: moomoo

Updated: Mar 13 2026

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EAF-4.27%

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Source: moomoo

Export Concerns: There are requests for a probe into the export of graphite electrodes from China and India to Brazil.
Pricing Issues: The electrodes are reportedly being sold at unfair prices, raising concerns about market practices.

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Analyst Views on EAF

Wall Street analysts forecast EAF stock price to rise

3 Analyst Rating

0 Buy

3 Hold

0 Sell

Hold

Current: 6.550

Low

11.00

Averages

15.33

High

21.00

Current: 6.550

Low

11.00

Averages

15.33

High

21.00

RBC Capital

Arun Viswanathan

Sector Perform

downgrade

$21 -> $10

2026-02-10

Reason

RBC Capital

Arun Viswanathan

Price Target

$21 -> $10

AI Analysis

2026-02-10

downgrade

Sector Perform

Reason

RBC Capital analyst Arun Viswanathan lowered the firm's price target on GrafTech to $10 from $21 and keeps a Sector Perform rating on the shares after its Q4 results. The company's utilization rates are still low at about 65% for FY25 and pricing remains very challenged, the analyst tells investors in a research note. The firm adds that GrafTech's 5%-10% volume growth and continued effective cost management could be offset by oversupply and weak pricing.

BMO Capital

Katja Jancic

Market Perform

downgrade

$15 -> $10

2026-02-09

Reason

BMO Capital

Katja Jancic

Price Target

$15 -> $10

2026-02-09

downgrade

Market Perform

Reason

BMO Capital analyst Katja Jancic lowered the firm's price target on GrafTech to $10 from $15 and keeps a Market Perform rating on the shares after its Q4 miss and "mixed" 2026 outlook. While sales volumes are expected to grow y/y and costs are trending lower, the competitive/pricing environment remains very challenging, with prices having deteriorated in Q4, the analyst tells investors in a research note.

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About EAF

GrafTech International Ltd. is a manufacturer of graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, which are located in Calais, France; Pamplona, Spain; Monterrey, Mexico, and St. Marys, Pennsylvania. Its segment, Industrial Materials, is comprised of two major product categories: graphite electrodes and petroleum needle coke products. Graphite electrodes are an industrial consumable product used primarily in EAF steel production, one of the two primary methods of steel production and the steelmaking technology used by all mini mills. Petroleum needle coke, a crystalline form of carbon derived from decant oil, is the key raw material it uses in the production of graphite electrodes. It sells its graphite electrodes primarily through its direct sales force, independent sales representatives, and distributors.

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.

GrafTech Shares Rise 14% Following Price Increase Announcement

3 days agoNASDAQ.COM

Price Increase Announcement: GrafTech International has announced a price increase for graphite electrodes by $600 to $1,200 per metric ton, effective immediately for uncommitted volumes, which is expected to significantly boost the company's revenue and profit margins.
Strong Stock Performance: The company's shares have risen by 14.47% on the New York Stock Exchange, currently trading at $7.14, up from an opening price of $6.11, indicating a positive market response to the price increase strategy.
Trading Volatility: The stock has reached a high of $8.00 today, with a trading range over the past year between $4.92 and $20.32, reflecting optimistic market expectations regarding the company's future profitability.
Increased Cost Pressures: The price hike is attributed to rising key input costs driven by geopolitical developments, including oil-based raw materials, energy, and logistics, indicating the company's proactive measures in addressing cost pressures.

GRAFTECH DECLARES RISE IN GRAPHITE ELECTRODE PRICES

3 days agomoomoo

Announcement of Price Increase: Graftech has announced an increase in the price of its graphite electrode products.
Market Impact: The price adjustment is expected to affect the overall market dynamics for graphite electrodes.

Pomerantz LLP Investigates GrafTech Securities Fraud Claims

5 days agoGlobenewswire

Securities Fraud Investigation: Pomerantz LLP is investigating claims of securities fraud against GrafTech International Ltd., focusing on whether the company and its executives engaged in unlawful business practices that could significantly harm investors.
Poor Financial Performance: GrafTech reported an adjusted loss per share of $2.45 for Q4 2025, exceeding consensus estimates, indicating severe challenges in the highly competitive graphite electrode market.
Stock Price Plunge: Following the earnings report, GrafTech's stock price fell by $7.25, a 46.21% drop, closing at $8.44 per share, reflecting the market's pessimism regarding the company's future prospects.
Increased Industry Pressure: The CEO highlighted intensified pricing pressures for graphite electrodes, suggesting that this unsustainable dynamic poses a threat to both the industry and the long-term health of the steel sector, potentially leading to broader market instability.

Investigation into GrafTech International Ltd. for Securities Fraud

Mar 17 2026Globenewswire

Poor Financial Performance: GrafTech reported an adjusted loss per share of $2.45 for Q4 2025, exceeding market expectations, indicating severe financial challenges that could undermine investor confidence.
Stock Price Plunge: Following the earnings release, GrafTech's stock price fell by $7.25, a staggering 46.21% drop, closing at $8.44 per share, which could result in significant losses for investors.
Increased Industry Pressure: The CEO highlighted intensified competitive pricing pressures for graphite electrodes, suggesting that the challenges faced by GrafTech may threaten the long-term health of the entire steel industry.
Legal Investigation Initiated: Pomerantz LLP is investigating whether GrafTech and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal repercussions and impact the company's reputation.

GrafTech Files Petition for Anti-Dumping Investigation in Brazil

Mar 13 2026Newsfilter

Investigation Initiated: GrafTech has filed a petition with Brazil's Department of Trade Defense to investigate whether graphite electrodes from China and India are being exported at unfair prices, with DECOM initiating the investigation on March 11, 2026, revealing preliminary dumping margins of 54.9% and 57.3%, which could significantly impact the cost structure for Brazil's electric arc furnace steel producers.
Market Significance: According to the World Steel Association, Brazil's crude steel production was approximately 33.3 million tons in 2025, making it the ninth-largest steel producer globally, highlighting the critical need for fair pricing of graphite electrodes to maintain the competitiveness of Brazil's steel industry.
Long-Term Commitment: GrafTech Brasil has operated for over 50 years as the only large-scale graphite electrode producer in Brazil, and the submission of this petition reflects the company's commitment to ensuring a fair competitive environment in the industry, aiming to support its long-term operations and customer base in the country.
Management Confidence: GrafTech's CEO Timothy Flanagan expressed pride in the company's long-standing presence in Brazil and confidence that DECOM will conduct a thorough investigation to address any identified unfair trade practices, thereby protecting the company's market position and customer interests.