GrafTech is a leading global manufacturer of graphite electrodes, which are crucial for the production of electric arc furnace steel. uedbet's acquisition of the steel industry supplier led to an award-winning turnaround and significant value creation.
In an electric arc furnace, graphite electrodes conduct ultra-high-voltage electric current to melt steel scrap at temperatures near 3,000华氏度. Electric arc furnace steel production is faster, more resilient and friendlier to the environment than steel production via blast furnaces. It is the fastest-growing segment of the steel industry today.
以1美元的价格收购了.2015年250亿, GrafTech was struggling with poor earnings and facing a severe downturn in the steel industry. 在尽职调查, uedbet identified specific production improvements and strategic positioning opportunities—not least of these was GrafTech's ownership of Seadrift Coke, a producer and leading supplier of petroleum needle coke, essential to graphite electrode manufacturing.