Company Announcements
September 9, 2026
GrafTech hikes electrode prices by 30%
Written by Laura Miller
Ohio-based GrafTech International announced it will raise graphite electrode prices by at least 30%.
The increase is effective immediately for all open commercial negotiations, the company said in a statement on Tuesday.
The increase follows pricing action announced in March. GrafTech said prices have declined over the past three years while raw material, energy, and logistics costs have risen.
The company has reduced its cost structure by reducing its workforce and idling capacity. It recently announced plans to close its graphite electrode manufacturing facility in Monterrey, Mexico.
“Our graphite electrode pricing remains at levels that we do not believe are sustainable or consistent with the investment required to provide customers with reliable, high-quality supply over the long term,” CEO Timothy Flanagan said.
An ongoing trade case targets allegedly dumped and subsidized imports of large-diameter graphite electrodes from China and India. GrafTech is not a petitioner in the case but has pledged its support for the petitions.
“This price increase, together with our recently announced capacity reduction and our continued support for ongoing trade proceedings, reflects a consistent strategy to address the structural challenges facing our business,” Flanagan noted.
