GrafTech Fined Over Unlicensed Exports To China, India

Law360, New York (October 30, 2013, 6:12 PM EDT) -- GrafTech International Holdings Inc. will pay a $300,000 civil penalty to settle U.S. Department of Commerce allegations that it shipped graphite, which has military applications, to India and China multiple times without the required licenses, according to settlement documents released Tuesday.

The Parma, Ohio-based manufacturer of graphite electrodes used in steel production reached an agreement with Commerce's Bureau of Industry and Security after it was accused of illegally exporting over $500,000 worth of the mineral to the two Asian nations over a three-year period.

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