GrafTech International Announces New Board Collaboration

An announcement from GrafTech International ( (EAF) ) is now available.

GrafTech International Ltd. has entered into a Cooperation Agreement with stockholder Nilesh Undavia, appointing Sachin Shivaram to its Board of Directors and agreeing to collaborate on nominating an independent director for the 2025 annual meeting. This agreement reflects a constructive engagement with Mr. Undavia and aims to leverage Mr. Shivaram’s expertise in the steel industry to benefit stockholders, while including standstill and voting provisions to ensure alignment during the cooperation period.

More about GrafTech International

GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential for producing electric arc furnace steel and other ferrous and non-ferrous metals. The company boasts a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities with high capacity, and is uniquely positioned as a large-scale producer substantially integrated into petroleum needle coke, enhancing its product quality and cost advantages.

YTD Price Performance: -1.16%

Average Trading Volume: 1,760,150

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $437.2M

For detailed information about EAF stock, go to TipRanks’ Stock Analysis page.