Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2001
European Commission cartel fine
In July 2001, the European Commission imposed a €50.4 million fine in proceedings concerning the international graphite-electrode price-fixing cartel.
2000
Stock-price inflation class-action settlement
A class-action lawsuit filed in 1998 alleged that the company's stock price had been artificially inflated. The case was settled in 2000 for $40.5 million.
1998
Graphite-electrode price-fixing investigation and fine
The United States Department of Justice fined the company $110 million in April 1998 in connection with participation in an international price-fixing cartel involving graphite electrodes and seven other firms.