GrafTech International Ltd. (NYSE: EAF) ("GrafTech," the "Company," "we," or "our"), a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals, today announced that it has filed a petition with the Department of Trade Defense ("DECOM") of the Foreign Trade Secretariat, part of Brazil's Ministry of Development, Industry, Trade, and Services, requesting an investigation into whether graphite electrodes from China and India are being exported to Brazil at unfair prices (the "Petition").
In response to the Petition, on March 11, 2026, DECOM announced the initiation of an investigation to determine the existence of dumping of graphite electrode exports from China and India into Brazil (the "Investigation"). In initiating the Investigation, DECOM made a preliminary assessment that the dumping margins for graphite electrode exports from China and India are 54.9% and 57.3%, respectively. Based on this assessment, DECOM concluded that there is sufficient evidence of dumping to warrant further investigation. The scope of the Investigation covers graphite electrodes with diameters greater than or equal to 350 millimeters, as requested in the Petition.