SGL Group increases Graphite Electrode prices

02-Oct-2007

SGL Group - The Carbon Company - announces today the following new prices for its Graphite Electrodes effective immediately for all new business:

Europe:

Regular-size Graphite Electrodes: 4650 EUR/MT Extra-size Graphite Electrodes: 4910 EUR/MT

Americas, Asia (excluding China), Near Middle East and Africa:

For regular-size Graphite Electrodes: 2,85 US$/lb (6280 US-$/mt) For extra-size Graphite Electrodes: 3,00 US$/lb (6610 US-$/mt)

Regular-sized is defined as: diameter 14" (350 mm) - 24" (600 mm) Extra-sized is defined as: diameter 26" (650 mm) - 30" (750 mm)

These prices will be applicable for all new orders effective immediately until further notice and for shipments through December 31, 2008.

According to the company this price increase is due to recent major cost increases for key raw materials and energy.

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