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DOJ Protects U.S. Electric Arc Furnace Mill Operators

On September 27, 2017, the DOJ announced Showa Denko K.K. (“SDK”) will be required to divest SGL Carbon SE’s (“SGL”) entire U.S. graphite electrodes business in order for SDK to proceed with its proposed $264.5 million acquisition of SGL’s global graphite electrodes business. According to the DOJ’s complaint, SDK and…

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